btw i think bitcoins gonna drop alot before it goes up. it makes sense to breakout the channel to the upside, close above the channel, (at this time theres alot of buyers) then close back in range and drop.
lololollloloolollololololololol what, who trades like this. this is the most noobiest and most manipulative setup you can trade. why? why trade what everyone else trades and are gonna get their asses kicked by banks and institutions? sometimes this setup will work and its literally just because the market lets you. what happens the next time you trade it? you might place higher lot sizes and then boom game over.
@alitrading_, so your advise is to be a complete contrariant to what the TAs say? What a manipulative market BTW. Watch out for the MacD it is has become very treacherous. Each time it signals a cross over it often divert from it course and deepens.