TheChartGuys

BTC Potential Hourly Bull Flag

COINBASE:BTCUSD   Bitcoin
Congrats bulls!
BTC dominance is almost to the highs of December 2017.
We are back in insanity mode and that means greed and emotions are running high.
As I keep repeating... Do not short BTC while we are in a daily uptrend, and this daily uptrend is going to hold up a while. Tons of space of a daily higher low when we lose the 4 hour uptrend.
We just had a 15 min equilibrium break bearish, and it led to a complete recovery from 5 min oversold conditions.
It will be notable when we have a flush dump, some recovery and THEN hit a lower low... that has not happened in days.
As always, check in with yourself. What emotions are you feeling? How are they potentially impacting your decisions?
A 15 min. higher low and higher high in the next few hours would tell us the bulls are likely going for $13k.

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