The pattern looks like a bearish flag from hourly chart.
But if we look the daily chart, it look like a Bullish Triangle (Bullish Pennant)
Our bias is bullish Triangle(Bullish Pennant), reason is following:
(1) Overall the market development is keeping in the green channel, the structure is keeping well.
(2) The price does not drop a new low. New Valley Bottom higher and higher than previous two Valley Bottom.
(3) Crypto currency Market trading volume increased recently.
(4) Now the Trading volume is monitored and reveal some fake trading figure, that attract investor's interested.
But if we look the daily chart, it look like a Bullish Triangle (Bullish Pennant)
(1) Overall the market development is keeping in the green channel, the structure is keeping well.
(2) The price does not drop a new low. New Valley Bottom higher and higher than previous two Valley Bottom.
(3) Crypto currency Market trading volume increased recently.
(4) Now the Trading volume is monitored and reveal some fake trading figure, that attract investor's interested.
It has Golden Crossed by the leading indicator: Volume Weight Moving Average