BTC trades in flag patterns

4 ביולי 2019

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

4 ביולי 2019

הערה

and we are in the trade

4 ביולי 2019

הערה

still looking for better volume though

5 ביולי 2019

הערה

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