BTC - down a little more, then breaking neckline

By karlkrawall
Updated
BTC might go down a little more to around $10900, the target of the small, purple bearish flag. Then ist might go up to finish the larger yellow bullish flag to try another break of the neckline of the big inverse H&S.

No financial advise as I am just playing around here.
Trade closed: target reached
Target of the larger yellow bull flag was reached and immediately rejected at the new $11700 resistance, which was to be expected. The neckline of the inversed H&S should now act as a support for the bulls to attack again.
Chart PatternsTrend Analysis

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