🔥 ALGO Bear Flag Break Out

FieryTradingの投稿
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Since the massive sell off a couple of weeks ago, ALGO has been trading inside a bullish upward channel. With BTC falling over the last 24 hours, ALGO has broken through the channel support, making this a bear flag pattern.

Current target would be the low between 0.7 and 0.75.

Happy trading!
コメント
Very strong bullish reversal after BTC hit the bottom at 31k. Was under the impression that BTC would fall further, which was not the case in the end.
algoBearish FlagBitcoin (Cryptocurrency)BTCChart PatternscryptoTechnical IndicatorsTrend Analysisusdt
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