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serekamina
13 Th04 2018 19:38

BTC 4h Forecast: Drop then Consolidate in Flag 

Bitcoin / U.S. dollarBitstamp

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Continuing from the MicroAnalysis I just posted, BTC is most likely looking for a healthy pullback and consolidation soon.

This is one option for flagging out a pattern before further decision-time up or down: an initial ABC correction down to the 382 fib and the prior price structure support near it before attempting higher. Expect multiple head n shoulders and inverse head n shoulders battles between the bulls and bears if this happens.
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jimo79
your A B correction levels of 7800 and 7950 were spot on!
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