condoism

ETH Flag Continuation

BINANCE:ETHBTC   Ethereum / Bitcoin
ETH on the 15m forming a Flag Continuation.

The flag stock chart pattern forms through a rectangle . The rectangle develops from two trendlines which form the support and resistance until the price breaks out. The flag will have sloping trendlines , and the slope should move in the opposite direction to the original price movement. Once the price breaks through either the support or resistance lines, this creates the buy or sell signal.
Well done, I just saw your trade projection... wish I was paying attention earlier. :-)
Balas
condoism crankycrypto
@crankycrypto, You can still catch that BTCUSD Pennant that I posted.
Balas
Some are seeing a double top in ethbtc , it may fall shortly. I'm taking profit now.
Balas
Looks like this is forming a cup and handle . or Maybe I have on Bull goggles . :)
Balas
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