BTCUSD: Looks like a Bull Flag 1h

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Komen
Looks like its set up to go for resistance around 11.2K... not sure if I will sell then and try to buy back in a bit lower after a small correction or just continue to HODL. This is because at that point RSIs may be signaling overbought on the lower time frames

syot kilat
Komen
Should have checked RSI before I posted .. it may still play out but I am neutral for the immediate term. see bigger trendline down on RSI than the flag

syot kilat
Komen
My idea (although not trading advice and its risky to get shaken out) but it is to sell at 11.2K and buy back in at 10.5K. May end up being a paper trade since I am so bullish in the mid to long term

syot kilat
Komen
zold

syot kilat
Komen
I want more SATs!
Komen
Now I just sold a quarter of my position that I trade with occassionally but will never touch 3/4 of my position for the foreseeable future
Komen
Still fairly confident here about a small correction. 4h RSI trendline vs price below

syot kilat
Komen
Looking for it to form the handle soon of the cup as it breaks out of the ascending channel (bearish when it breaks)

syot kilat
Komen
zoomed out cup and handle

syot kilat
Komen
back in here guys selling makes me realize how bullish I am ! neutral here could go up or down
Komen
Well thats what happens when you stare at charts for hours you end up trading too often. Back to HODLING this bull run and not selling until I believe a 30% or more correction is coming. I believe comparable money will come from HODLING compared to day trading over the next 1-2 years. I know some people must day trade to pay bills etc, I am lucky enough to be able to HODL without needing income from it on a daily basis
Komen
now time to enjoy saturday see you guys tonight or tomorrow morning with another update
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