BTC Flag formed
Updated
Flag Formed on the Hourly.
Volume Dropped right off.
Breakout of the Flag on Volume would yield the Entire Pole Length from the Breakout Level.
Watch it bounce around the descending Channel that has formed the Flag.
Watch for increased Volume for an Upside Breakout.
Below is Major Support Drawn.
Volume Dropped right off.
Breakout of the Flag on Volume would yield the Entire Pole Length from the Breakout Level.
Watch it bounce around the descending Channel that has formed the Flag.
Watch for increased Volume for an Upside Breakout.
Below is Major Support Drawn.
Note
Expect Consolidation and ChoppinessNote
Notice the Hammer and the Big Red Candle on the Volume.That Hammer has Pushed off a Lower Support Level.
That's Quite Bullish..
Note
It could Breakout here.. The Price actions is compressing into the Support Levels.Note
Well That Escalated Quickly Target Met!
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