EBITDAtiger

How to tell if a chart formation is the real deal or not $BTC

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COINBASE:BTCUSD   Bitcoin
I meant to say I would rather make a video than right multiple paragraphs trying to explain something that requires some visuals.

Anyways, the video says it all, there's always got to be more than just the chart formation that you look at when deciding on how to play a trend or potential breakout/breakdown and how to tell when it's just a fakeout.

As you can see, the bear flag also got denied at the 100-day MA for BTCUSD

My long-term view is bullish for Bitcoin

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