It's unlikely this plays out as a bullish flag because the baseline of support has been breached indicating the pattern is a descending triangle.
Note
Possibly a fake-out with the descending triangle, or maybe the downward sloping resistance will come into play, notice the correlation between BTC & Hive?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.