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Ryn0nTX
Jul 18, 2021 10:51 PM

BTC/USDT Will this Bull Flag/Falling Channel play out? Long

Bitcoin / TetherKuCoin

Description

There are many who say BTC continues lower from here. I don't know the future, but either pattern is bullish. Also it looks like the first higher low will happen on the daily chart (7/18/21) in 5 days. If this is confirmed it would again validate the pattern and indicate a trend reversal.

Comment

So the idea is still valid thanks to the positive PA today. Looks like we went through a major bear trap. I'm still bullish on this idea of a bull flag/falling channel ...time will tell!

Comment

Well...so it's hard to stay disciplined. But if you trust your TA and charts, you WILL be successful!
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