piphunters

BTCUSD: Ready for another breakout

Long
BITSTAMP:BTCUSD   Bitcoin
26
Bitcoin is ready for another imminent breakout which could see the cryptocurrency heading towards it's all time highs around 1100 which would be good news for traders, this time however a break to the downside as a deeper correction also cannot be completely ruled out as can be possible in a triangle breakout.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for informative purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy, If you would like to get all my setups together with exact entries and exits with please visit www.thepiphunter.com and subscribe.
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