Lack of volume on this red candle suggests a wider 1day bullflag

For now there isn't much volume on this red breakdown candle...suggesting that the flag may be wider and considering the pole's length this is fairly probable. Keep an eye on the volume and look for a bounce to sustain a bottom wick to the candle. If we see an influx in bear volume we know its a breakdown and the 2 red targets here on the chart is the like breakdown range. Until I see real confirmation one way or the other I will hodl. The only good thing from the current dip is the 200MAs trajectory is now pointed slightly downwards which makes a golden cross mildly feasible in the not so distant future again.

Comment:

here in the dotted white trendlines I have also spotted a potential rising wedge we could possibly also be in which in turn also allows for a slightly less probable inv head and shoulders to be in play as well. s3.amazonaws.com/tra...shots/g/gzJrF6vU.png