I've been staring at the screen all day hoping for a positive sign and some indication that I wasn't a FOMO idiot today after winning on XRP and XLM a few days ago. can this be interpreted as a bullish flag or am I way off?
I'm only a newbie in the whole TA scene, and I do have a bias toward ETC succeeding to come out of this slump, but it's only reasonable to assume that the market can be manipulated only so much.
The whales sell and use the weak hands to further drive the price down. Once their target is reached, they buy back in, driving the price up and fueling the pre-fork mania.
I am just entering the world of trading and my main focus is on crypto. If you have the time to correct or help, please feel free to. I am always open to learning new things from experienced traders.
At the moment I am trying to notice the more popular and reliable patterns in the major coins.