@omar98 on BTCUSD | PriceONN Community
Just saw another flag pattern forming on the 15m chart for BTCUSD. Seems like a bull flag consolidation after that little pump earlier. They always try to trick you into thinking it's a reversal, but the volume profile still looks solid for an upside continuation. Let's see if it holds this time before they crush it.
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Yeah, so that bull flag I mentioned? Gone. Just like that. They pushed it down hard, probably to clear out some long positions that were getting comfortable. Classic move. Saw the divergence on the M5 RSI just before that chop, but who cares, right? The algos don't care about RSI. It's all about liquidity grabs. Now it's hovering around the 50 SMA, looking weak again. Typical. They'll probably push it lower to scare everyone before any real upside happens. This whole market is a joke.