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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