Looks like a bear flag is forming on daily timeframe
The flag and pennant represent brief pauses in a dynamic market move. In fact, one of the requirements for both the flag and the pennant is that they be preceded by a sharp and almost straight line move. They represent situations where a steep advance or decline has gotten ahead of itself, and where the market pauses briefly to "catch its breath" before running off again in the same direction. (Murphy, J. J. (1999). Technical Analysis of the Financial Markets)
The flag and pennant represent brief pauses in a dynamic market move. In fact, one of the requirements for both the flag and the pennant is that they be preceded by a sharp and almost straight line move. They represent situations where a steep advance or decline has gotten ahead of itself, and where the market pauses briefly to "catch its breath" before running off again in the same direction. (Murphy, J. J. (1999). Technical Analysis of the Financial Markets)
Comment:
Cryptotwitter celebrating the pump to $6,900
Comment:
HERE WE GOOOOOOOO
Comment:
LOOOOOLLL