BTC where we headedHello Birdies,
Lets analyze BTC once again. @VincePrince just posted same flag while I was writing this :)
Chart:
BTC making a huge bear flag
We plotted 3 resistance which is in play (which can you help scalp the BTC)
2 resistance are from ATH of May and Nov
1 is a local resistance.
Trend based Fib time
Analysis:
Price is squeezing between bear flag bottom and local resistance
We may see a bounce and if it hold support @ 41, 500
Start bull trap which will end at Nov ATH around 43 000 to 44, 000
Go short start of capitulation
Expected time for all of this is plotted using Trend based Fib Time it says 11 Days.
