Is this move a fake-out?
Bitcoin has moved higher out of the flag pattern on the 4 hourly but is it a fake-out? Long orders set above the pattern have now been triggered and an increase of volume would signal a continuation up to around 18300. Volume remaining low would signal that this move is a fake-out to trigger long orders and force them to stop-out or liquidate as it reverses. My target lower is still 11500.
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