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How to Interpret and Analyze Bear Flag Bitcoin Chart Setup

This bear flag pattern is found in a Bitcoin downwards cryptocurrency trend.

The bear flag chart pattern is a btcusd crypto trend continuation pattern where the btcusd crypto price retraces slightly/a little with a narrow btcusd crypto price action that has a slight upward tilt.

The technical sell signal is triggered when Bitcoin's price breaks below the lower line of the inverted bear flag pattern.

The flag portion signal of the cryptocurrency pattern has highs and lows which can be joined by small lines which are parallel, giving it what resembles a small channel.

Spot Bear Flag on Bitcoin Charts - BTCUSD Moves After Bear Flag Forms

How Do I Analyze Bear Flag Pattern

The bear flag chart pattern above was just a resting period for the btcusd market prior to more selling. The continuation btcusd signal was completed when the lower line of this setup was broken to the down-side.

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