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RE: BTC - New Break Out very soon

in #bitcoin6 years ago (edited)

I feel like you're missing out by not paying attention to diagonal trendlines, especially on the timeframe that you are looking at.
If you connect the tops we have a nice rising trendline with 3 touches, I think we can time the breakout best by waiting for that trendline to be broken.
Another touch on the parallel rising trendline that has been acting as support would also be a golden opportunity to open a low-risk long with a tight stop-loss.
That being said, everyone has their own indicators and things they look at, maybe you're already having great success with your own method.