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mmansouri86
Apr 4, 2023 3:54 PM

is this a bull flag? Long

Bitcoin / TetherUSBinance

Description

I am learning technical analysis and this is not trading advise.
but i think this can be a bull flag. I'm not trading at this box just waiting and watching ...

Order cancelled

so actually i was in mistake this can be a descending triangle and if we finish this descending triangle to the end possible we can watch a falling ... short ...
Comments
cheerfulCraft84466
It could be considered as flagging, but to be a bull flag there has to be a previous breakout before the flag consolidation. Not just flagging inside week long sideways consolidation.
mmansouri86
@cheerfulCraft84466 thank you 🙏
rushan610
Don't think a bull flag in a ugly bearish divergen, the pump all build on spot leverage which is not sustainable and that's one of the main reasons that's they are trying to survive the long leverage they all fomo in during the FOMC but sooner or later it all will do down and it will have domino's effect and panic sell and liquidation, that's my personal opinion and anything can happen in crypto market
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