Btc on it's way down but stopping at the previous local lows

14 Nov 2022

Now that the flag has been broken, the price is heading down, but not before hitting a few stops along the way which may act as support. It is currently at the first support which was the previous low from last week. The next will be the 15300 or so and finally the bottomish would be around mid 14k; 14500ish. In the long run It could very well pull a whole flagpole move and go down to 11k, but I have yet to see the flag pole and flag method work reliably. Good luck out there.

15 Nov 2022

Catatan

Seems like the first floor was the floor to take profits on, we might see some crabbing here and further evaluation will need to be conducted.