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Topic: Bitcoin Weekly Bull Flag and a Falling Wedge (Read 142 times)

legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
The resistance is getting stronger that it already tried several times but failed to break out. I wouldn't mind to wait for months but bear market is not something that I can monetize. How low do you think it can go?

the "resistance" was only tested twice in reality. other than that we have been residing in a sideways market for some time now. and i wouldn't call this a "bear market" at all. we are still in a bull market that slowed down after a 300% rise in about 6 months.
legendary
Activity: 2282
Merit: 1041


This is a game of speculation. Though there is a sign that this could go up for bullrun, RSI does say something else. The resistance is getting stronger that it already tried several times but failed to break out. I wouldn't mind to wait for months but bear market is not something that I can monetize. How low do you think it can go?
member
Activity: 117
Merit: 14
https://whaleagent.club/bitcoin-weekly-bull-flag-still-in-place/

It seems that Bitcoin not only is in a weekly bull flag but a descending wedge or falling wedge, both really bullish patterns. It seems that the long term is really bullish for Bitcoin.

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