Crypto trading 101: bull and bear flags; and what do they mean for the price?

Crypto trading 101: bull and bear flags; and what do they mean for the price?
фото показано с : bitcoints.com

2018-7-21 15:18

If the participation increases, the asset price extends the bull or bear run, or else a trend reversal may occur.
Calculating the target
An asset usually mimics the pole after a bull flag breakout or bear flag breakdown.
The Bear Flag

Asset: Ethereum (ETH)
Timeframe: 4-hour chart
Pattern: Bear flag breakdown
In this case, ether broke the flag support on Mar.
Conclusion
Bull flags and bear flags can be a trader’s friend in strongly trending markets, but they do not always perform as advertised.
As a trader, you would want to avoid betting or punting on an asset price if the bull flag breakout of bear flag breakout is not backed by strong volumes.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

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bear flag asset breakdown price case breakout

Источник: bitcoints.com

bear flag → Результатов: 5


Фото:

Bitcoin is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears.

Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did

2018-6-18 16:44


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