The Correction Is Over! Bull Flag

18 Jun

The bull flag is a popular pattern. Everybody who has seen a chart is familiar with this pattern. It is a continuation pattern.

When I say that the correction is over I am not talking about the short short-term, I am talking about the bigger picture.

Yes, bullish action is expected to start and intensify within weeks, no!, days. But still, with thousands of projects, it takes lots of time before energy (money) reaches all sectors of the market. Allow for strong variations but the correction is over which means growth.

The correction is over means that the low is already in for most pairs and will be in, in the coming days for all remaining pairs.

The correction is over means that everything will grow, just as it did after the 7-April bottom low. The difference is that this new wave will be many times bigger and stronger than before.

TOTAL2 produced an advance from early April until late May. The retrace produced a bull flag continuation pattern. The pattern has run its course, it will resolve with a new phase of growth. It won't take long. It will be obvious in a matter of days. No need to pray, Crypto is going up.

Namaste.

17 Jul

Dagangan aktif

TOTAL2 is on track to 2T