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tendency

BTCUSD: textbook bear flag/corrective retrace. Sell on

Short
Bitcoin (BITSTAMP:BTCUSD)  
tendency Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Wave Analysis BTCUSD
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chartpattern waveanalysis btcusd
We have a textbook bear flag in BTC as well as a nicely completed ABC correction according to elliott wave analysis. Let's see if we get the next flush lower in BTC now. Keeping it simple.
Comment:
Bear flag is about to invalidate - by all accounts it's rally time for BTC. correction may very well be over.
Comment:
it's back on .. could get interesting to the downside here.
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