Hourly candle broke the bear flag with volume. The coming 2-3 days i expect a revisit of the 2400 support line. If the following bounce surpasses 0.5 of the BC leg, I consider the pattern invalid and a return to ATH more likely. Otherwise, BTC will likely break 2400 and continue to ~2260.
Short from 2740 SL 2755 TP 1 2610 TP 2 2400
Trade closed: stop reached
Stopped at 2694, BTC broke its downward channel. At the moment upside movement is a 50/50 in my opinion, will update as the situation evolves.
Comment
Short reactivated @ 2643 with a SL at 2658. BTC was caught in the 3/1 Gann line. Let's see how things develop.
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