How Do I Read Bitcoin Signal of a Bear Flag Bitcoin Chart Pattern?
Bitcoin Trade Bitcoin Signal of a Bear Flag Bitcoin Pattern
This bear flag pattern is found in a Bitcoin downward cryptocurrency trend.
The bear flag pattern is a bitcoin crypto currency trend continuation pattern where the bitcoin crypto currency price retraces slightly with a narrow bitcoin crypto currency price action that has a slight upwards tilt.
The bitcoin technical sell point is when the bitcoin price penetrates the lower line of the inverted bear flag bitcoin chart pattern.
The flag portion of the cryptocurrency pattern has highs and lows which can be joined by small lines which are parallel, giving it what resembles a small channel.
What Happens in Bitcoin after a Bear Flag Pattern
The bear flag chart pattern above was just a resting period for the bitcoin market before more selling. The continuation cryptocurrency signal was confirmed as the lower line of this bear flag bitcoin pattern was broken to the down-side.
How Do I Analyze Bitcoin Signal of a Bear Flag Pattern
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