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Jul 29, 2017 9:13 PM

Possible Bull Flag Forming in ETH/USD short term Long

Ethereum / DollarBitfinex

Description

Just a quick update... Looks like a potential BULL flag forming in the shape of a descending wedge. This is a very common shape for a bull flag.

Also, notice the dwindling volume that is correlating to the flag pattern. Of course, like all patterns in the chart, it has to be confirmed with a breakout.

Pattern and volume indicators in PINK.

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