Bitcoin
Short

Bullish Flag or Descending Triangle?

141
I decided to make this post because I saw that people were arguing about whether this was a bullish flag (pennant) or a descending triangle. A bullish flag is a gradual decline in the price of a stock not budging below a support line which forms the flag. The descending triangle is similar in the gradual decline. However, the price does break below the support signaling the selling off to come of a commodity as seen by the arrow. If you have made profit on bitcoin, I recommend selling.

Note: I do not own bitcoin. This is only a recommendation and you do not have to sell if you feel otherwise.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.