BTC 15m Bull Flag
BTC finally broke above the 58k area after several days of consolidation. Now we have a bull flag forming here on the 15m. First upside target is supply above near 61k, followed by the final target projected using the length of the flag pole.
Kommentar
Pretty weak breakout attempt there. Bulls tried briefly to defend on a retest, but it eventually broke back below. Not a good look, it's headed back to the 57.7k area now and needs to hold.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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