BTC trades in flag patterns

2019年7月4日

love seeing all the complicated indicators people try to use for BTC when really it mainly trades in flag patterns especially when it's bullish. nice flag here on top of the 50% retracement line from all time highs to this years low. If this holds and breaks out to up side with volume the path is clear to retest the 61.8 retracement at 13400 area

2019年7月4日

註釋

and we are in the trade

2019年7月4日

註釋

still looking for better volume though

2019年7月5日

註釋

perfect example of why there must be increasing volume along with the breakout of the technical bull flag; failure to accept the price here leads to a sell off