dgcoco

continuation pattern completing

Short
dgcoco Updated   
BITFINEX:BTCUSD   Bitcoin
breaking out of rectangle, possibly completing flag pattern to test 9.2k. Breaking that, then 8.4k, 7.5k, 6k,... but I'm just a n00b on the ride too
Trade active:
breakout run of downward channel was rejected, but we could be in for a critical re-test in the next 1-2 hrs:
Comment:
note also stoch rsi crossover on 1 hr chart
Comment:
btc now seriously threatening a full break out -- wise to consider closing any shorts if you have them
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