BTCUSD - waiting for breakout confirmation
MARKET STAGE:
BTCUSD formed a bearish Channel since 2 weeks
I have first signal for a breakout
I am waiting for confirmation
*Careful for bear trap
If i have the confirmation I am looking for, I will enter few trade in ALTS
BULLISH CONDITION:
- 4H candle closed above 6456, breakout confirmation
BEARISH CONDITION:
- 4H candle closed below 6391, back in the channel - false breakout
in this scenario, i will update my chart
MARKET STAGE:
BTCUSD formed a bearish Channel since 2 weeks
I have first signal for a breakout
I am waiting for confirmation
*Careful for bear trap
If i have the confirmation I am looking for, I will enter few trade in ALTS
BULLISH CONDITION:
- 4H candle closed above 6456, breakout confirmation
BEARISH CONDITION:
- 4H candle closed below 6391, back in the channel - false breakout
in this scenario, i will update my chart