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BTC LONG, my take

BITFINEX:BTCUSD   比特幣
So im somewhat new at this so pardon the less than great artwork but heres how i think this all plays out. We have a bull flag forming on the hourly chart, tk cross on hourly and 4h, above the cloud on 4 hour, and all this just below the diagonal support from the top. High likelihood that support will finally be broken confirming bullish. From there i expect a kijun bounce on the daily. followed by a retest from the other side of the diagonal support with a strong bounce off it. This pattern will form the beginning of the next bull flag, while confirming the AE reversal and at the same time completing the inverse head and shoulders. Break out of the bull flag to 12K. The same line BTC couldnt breach to complete the previous inverse head and shoulders, but this time we are on the other side of that diagonal support so after a few tests (and another flag) off it will go. As another point of confluence the RSI is just crossing 50 on the daily and the previous 2 times it did that BTC rallied to 12K.
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