'Crypto Chart Patterns: Price Continuation, Neutral, Reversal, And Targets Explained' by Bybit_Official bybit bybitcryptochartpatterns
Checklist:: For a bullish flag or pennant, a break above resistance signals that the previous advance has resumed. For a bearish flag or pennant, a break below support signals that the previous decline has resumed.: Volume should be heavy during the advance or decline that forms the flagpole. Heavy volume provides legitimacy for the sudden and sharp move that creates the flagpole.
From the low point of the left shoulder, an uptrend begins that exceeds the previous high and marks the top of the head. After peaking, the low of the subsequent decline marks the second point of the neckline. The low of the decline typically breaks the uptrend line, putting the uptrend in jeopardy.: The advance from the low of the head forms the right shoulder. This peak is lower than the head and usually in line with the high of the left shoulder.
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