Maximilian_FX

BTCUSD should buy or sell

BITSTAMP:BTCUSD   Bitcoin
BTCUSD Trading Strategy:
Overall, BTCUSD has formed a pattern on the 1D chart. It is currently trading steadily at high levels around $67,500 and is near the 34.89 EMA active zone.

Currently, the trend is still unclear. These are the two cases mentioned on the 1D chart.
Strategy 1: Breakout above the triangle and accumulate above this level to increase the price further.

Strategy 2: Breakout and consolidation below the support level of 65,000 USD will cause the price to correct strongly.

According to statistics, the strongest fluctuations occur after a false breakout. A breakout and consolidation will cause a strong increase or decrease as shown on the chart.

And you, what do you think about BTCUSD?
Trade active
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