Decentraland / Ethereum
看多

MANAETH is it creating a Bull Flag?

71
Did you know the most explosive moves in any market are the result of price pattern breakouts such as Bull Flags and Bull Pennants?


According to BYBIT "A bull flag is a technical pattern that provides an accurate entry to participate in a strong uptrend. Many professional traders use this continuation pattern to find the optimal place to trade with the trend."


The Bull Flag or Pennant works particularly well in the crypto market. In this chart here you can see a great example of why it is suited so well for the crypto market with large impulsive waves up creating the "Pole" ABull Pennant is typically converging trend lines making more of a triangle where the Bull Flag consists more of a descending channel.

Here we see MANAUSD looking particularly attractive.

https://www.tradingview.com/x/wXA9m9IO/

I am using MANAETH because at the moment I am extremely bullish on both coins.


Full discloser I am invested in both assets and I have only been trading for a year so for your well-being and mine this is not financial advice. If I missed the mark with any of my ideas please be so kind as to correct me. Thank you, Traders, and stay green.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。