blatz
Long

Bullish Flag, Breakout @ 5pm EST

BTCE:BTCUSD   Bitcoin / U.S. Dollar
481 1 0
Though this pattern is only a day old, it seems pretty accurate. Only concern is the extra dip in the flag. Expecting the last dip at around 2pm EST and the breakout point at around 5pm EST, as shown with the light green circle.

Please let me know if you believe this is a false pattern, as I don't want to invest with false assumptions.
From what I've heard and seen this is supposedly the "bee hive" after crash pattern aka trend reversal symptom and your assumption seems to be right from this point of view
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