BTC trades in flag patterns

4 Jul 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 Jul 2019

Catatan

and we are in the trade

4 Jul 2019

Catatan

still looking for better volume though

5 Jul 2019

Catatan

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