orbsatchel

BTC BULL FLAG FORMING? Short term long

Long
orbsatchel Updated   
BITFINEX:BTCUSD   Bitcoin
We bounced right where we knew we would. I moved the next bounce line down to where it makes sense at 7k on the nose.

It looks like this is a good counter trend rally and a bull flag forming for another leg higher to red line above. I am counting on a fail up there and a massive sell off.


If you want to get out sell the rally. If you want to get in I would wait. There was no volume and despair on the recent low so count that we are going lower in the near future.
Comment:
No it was not... I keep looking fro the rally maybe i should not
Comment:
Hey it looks like it happened. Not how I thought it would happen so it does not really count.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.