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kingpannu

Story of Falling wedge and bear flag (2018 vs today)

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Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
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Don't worry
This is from 2018. There was a similar situation as today. There was a bear flag formed along with the falling wedge. The catch was the falling volume. Eventually there was a bull trap to the upside and eventually lead to price crash of bitcoin from 11k to 6k. MACD was also at similar levels as of today.

Komentar:
This is 2021. See the volume as well
Another bear flag on the Bitcoin chart. Strong downtrend
Komentar:
This also 2021
Bear flag at the exit of Bigger bear flag.
Komentar:
This is the falling wedge of today. Look at the volume. It is falling. Look at the MACD. This looks more like a trap. I would be extremely cautious here. Red flags everywhere.
snapshot

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kingpannu
Another bear flag on the Bitcoin chart. Strong downtrend
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