I meant to say I would rather make a video than right multiple paragraphs trying to explain something that requires some visuals.
Anyways, the video says it all, there's always got to be more than just the chart formation that you look at when deciding on how to play a trend or potential breakout/breakdown and how to tell when it's just a fakeout.
As you can see, the bear flag also got denied at the 100-day MA for BTCUSD
My long-term view is bullish for Bitcoin
Anyways, the video says it all, there's always got to be more than just the chart formation that you look at when deciding on how to play a trend or potential breakout/breakdown and how to tell when it's just a fakeout.
As you can see, the bear flag also got denied at the 100-day MA for BTCUSD
My long-term view is bullish for Bitcoin
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Related publications
Disclaimer
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.