karlkrawall

BTC - down a little more, then breaking neckline

Short
karlkrawall Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC might go down a little more to around $10900, the target of the small, purple bearish flag. Then ist might go up to finish the larger yellow bullish flag to try another break of the neckline of the big inverse H&S.

No financial advise as I am just playing around here.
Trade closed: target reached:
Target of the larger yellow bull flag was reached and immediately rejected at the new $11700 resistance, which was to be expected. The neckline of the inversed H&S should now act as a support for the bulls to attack again.
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.