I believe we are still consolidating in the 10700 - 11100 range. Looking at the first bull flag I published for this trade and comparing it to the current situation, it appears BTC could be building a very large bull flag on the 6hr. As of right now all TA indicators I previously mentioned still look bullish. There is the concern of a double top but to the best of my knowledge I can't ever recall BTC valadating a double top. BTC has always come back and broke through what appears to be double tops.
Link to previous bull flag chart:
Link to previous bull flag chart:
Commento:
Flag was validated again, I will post my continuation thoughts here in a couple hours.
Trade chiuso: obiettivo raggiunto