Today I suggest, Dear BTC traders, that we should review the credibility of a "flag" execution in a mid-term run. "Price action" keeps steady on a 4-hour time frame, the fall from 13.7K to 10.4K is now followed by a messy consolidation. However, if you have a look at the graph the exit is more or less readable at approximately 9.3K with a second leg goal placed at around 6K. We dare to make an assumption that to sell @10870, upon our trapping of "pump" people from last night, would be propably not a bad idea. I hope I have given you a thought for an exciting opportunity in the coming days.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.