Long
Bitcoin - ST Bullish, LF breakout scenario.
I am ST bullish on this pair.
Key resistance level at 1478
A break above trips a lot of stops
If it breaks above, look for probably at least $250
Look for pre-breakout characteristics including:
-Higher lows
-Weaker sells from the area of resistance
-Stronger buying waves
-Tension (smaller candles)
-Attacks on 1478 to attract more bears into the market with stops above
Key resistance level at 1478
A break above trips a lot of stops
If it breaks above, look for probably at least $250
Look for pre-breakout characteristics including:
-Higher lows
-Weaker sells from the area of resistance
-Stronger buying waves
-Tension (smaller candles)
-Attacks on 1478 to attract more bears into the market with stops above
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