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 ...
BTC’s volume spiked by 40% to 60 billion, currently accounting for 4% of the token’s market cap. Meanwhile, top altcoins like ...
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 ...
IBIT broke down from a bear flag pattern, confirming renewed downside momentum and opening the door to lower price targets as ...
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 ...
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 ...
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 ...
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 ...
Flags are among the most-referred patterns in technical analysis that can provide clues to the price trend and potential next move. In technical analysis, a flag pattern indicates short-term price ...
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 ...