Karonte

Weird flag is forming

Karonte Updated   
BITFINEX:ETHUSD   Ethereum
In this 4hr Chart we are waiting for a bounce in a little downtrend, so we test the bottom of the flag,and then we need some volume to break the upside of the flag, retest and look for some change of main downside long trend, i hope this helps to someone :)
Comment:
as we can see, the resistance there is actually broken BUT theres no volume in place, that means thats going to fall soon..
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.