Updated the flagg. Keep in mind that the fib (fat white line) is strong.
BTC is forming a bear flag right now (marked in yellow). These targets are what the textbook is telling us, let's see what is going to happen.
BTC has been forming a rising wedge in the past few days. 1D 200 EMA + 4H 100 EMA acted as strong resistance. watch closely for a break of the bottom trendline of the rising wedge, white fat line is strong fibonacchi retracement. Take profit area's are marked in green.
1D 200 EMA + 4H 100 EMA huge resistance. Rising wedge has been forming the past few days. Rising wedge is a bear diversion. Take profit area's are marked in green. watch closely on the break of the bottom trendline of the rising wedge, fat white horizontal is strong fibonacci retracement.