$BTC It's a bull flag not a bear channel! #Sequential

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi Folks, I truly believe this consolidation will end as a bull flag and not a bear channel!

Today's candle is very bullish and we have 3 major signals:
- Green 2 closing above green 1 high (yesterday's high)
- TDST Resistance is already being pierced we are only on bar 2/9 of the setup
- Birth of a new daily uptrend with a new sequential countdown 1/13

At least we should reach the upper line of the channel and find some resistance there.
Then a breakout should occur.

We will look at my Sequential indicator for confirmation once this level is reached


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I believe it could turn either way, but shorter time frames suggest steeper correction. I like this longer term look however. Good chart/analysis.
MATHR3E mjtrustme
@mjtrustme, Sure, if we make a candle with a high lower than 9535 USD (TDST Support) this nascent bull trend will be canceled.
but for now, bulls are retaking control
Wrong. Try again or long/get rekt
+1 Reply
MATHR3E LedgerTrezor
@LedgerTrezor, Please develop
Weekly chart still bullish

We will see if the new upward trend is sustained :)
@MATHR3E, dood of course the weekly looks bullish (LONG TERM YES WE ARE BULLISH) short term we are bearish... A new upward trend will starts when we we get above 13,800... Not happening right now more blood coming head and shoulders knees and toes bro
+1 Reply
mjtrustme LedgerTrezor
@LedgerTrezor, lol what does that even mean? :'D ROFL
MATHR3E mjtrustme
@mjtrustme, lol :'D
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