Bitcoin falling wedge possibly

Not sure if the pattern is perfect, but this may give us some bounce up

Komen:

Looks like a fairly strong breakout of the wedge. Hoping to see 9600 before we assess further

Komen:

One of the possible outcomes if we get to 9500-9600

Komen:

We are still following this H&S pattern. Volume is incredibly low lately. Very hard to gauge the situation. No action is probably the best action at the moment

Komen:

Another thing to watch here:
We are on 8th candle of a TD indicator. This could give us 1-4 candle correction.
Also we are approaching Fib 0.5 and 50MA, which may act as resistance as well.

Komen:

So, we perfectly bounce off of Fib 0.5, MA50 and candle 9 (before it became red 1) and tested the trendline. Next is either we stay along the line and bounce up or go down to the neck line of H&S.
So once at the neck line, 2 options i see.
1. we go up if neckline acts as support line
2. H&S gets formal execution with target below (green)

Komen:

So we dropped to 8500 and now formed bear flag
If this level doesnt hold, then taget in green is still in play
We did hit candle 9 on 1H, so there is a chance for bounce to roughly 8900-9000
I'm long at 8510 with tight stop

Komen:

Target of 8200 reached perfectly based on H&S pattern and we bounced back to 8500 area
9K is still in play here
I will post new TA later as we progress

Thank you

Komen:

Likes are welcome, unless you really hate it
:)

Komen:

Last update on this:
I saw bottom diamond last night and decided to capture it, just to see if my theory was working.

Komen:

Diamond bottom still in play, so as the original idea regarding the bounce to about 9K
We are slowly breaking out and forming a bull flag. While hitting double top at Fib 0.38
Hopefully it matures and send us higher to our targets