A bear flag pattern is a powerful technical setup used by traders to identify potential opportunities in a down-trending market. Recognizing and effectively trading this pattern can be instrumental in ...
One of the most well-known chart patterns is the flag pattern, which is created by price activity contained within a tiny rectangle or flag shaped channel. Flags, which are short-term continuation ...
Wall Street’s long and illustrious history is littered with a plethora of booms and busts. However, for most investors, bear markets and “Black Swan” events such as the COVID-19 Crash of 2020, the ...
Coinbase is trading in a downtrend, possibly settling into a bear flag pattern. Bullish traders want to see the stock regain the eight-day EMA, which would negate the pattern. Last Chance: See the ...
Gold further rolls out a potential bear flag pattern with another test of trendline support at the day’s low of 2,315. The bearish setup follows a sharp one-day decline on June 7 that reached a low of ...
HYPE crypto price has pulled back in the past few months, moving from a record high of $60 in September to the current $25.8, ...
The absence of new buyers and weakening ETF demand are factors likely to keep the Bitcoin price pinned below $93,000 as a bear flag targets $67,000. A sharp decline in spot buying and weakening ETF ...
In technical analysis, a flag pattern indicates short-term price movements inside a parallelogram coounter to the previous long-term trend. Traditional analysts view flags as potential trend ...
Bitcoin price reversal from $94,000 as an on-chain indicator indicates steady decline in transaction activity and potential ...
As far as trading these markets, you certainly need to have a short attention span. Taking a contrarian approach at the extreme ends of this range has been the only thing that is working. These ...
Pop Mart share price crashed and formed a bearish flag pattern as the hype surrounding the Labubu collectible faded. It also plunged as analysts turned sour on the company after it tripled in the past ...