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Ambassadorj
Feb 8, 2021 3:59 PM

OXTUSD: 2H careful... possible bear flag forming ...??  

Orchid / United States DollarCoinbase

Description

Did Elon take the bull out of the ALTS like OXTUSD today ????

Caution, looks like 2H forming a possible bear flag.

Will have to see if this short term chart pattern plays out with break of bottom trend line or is this a fake out? Will need to break out above 0.438 for possible uptrend to continue.

Good luck traders!
Comments
Yaslab2022
Bear flag?😂
Ambassadorj
@yaser.khodabandeh83,

si, una bandera de oso.
ScrewfaceMangla
That a bear flag is forming? We obviously found support around the .38-.42 cents and can only go higher.
Ambassadorj
@ScrewfaceMangla,

possible bear flag forming ...?? Now stuck back in channel below 0.45.
ScrewfaceMangla
What makes you think so?
Ambassadorj
@ScrewfaceMangla,

Think so what?
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