Interesting setup on BTC with a bull flag within a rising wedge on the 2hr time frame. Alot has been said about breaking horizontal resistance at 11.2k leading to a run to 11.7k or so. Id watch for a move up from the small bull flag to test the 11.2k horizontal resistance and possibly break it. If volume pours in on the top side of 11.2k then we could break the top trend line of the wedge. If we dont break that top line I think we see a move down to the support/50% fib around 10.5k. Interesting setup and one to watch if you are looking for a better entry. Let me know what you think and of course.... The above references an opinion and is for information purposes only. It is not intended to be investment advice.
-Joe
-Joe