How to read a Chart Correctly ExplainedsteemCreated with Sketch.

in bitcoin •  7 years ago 

chartread.png

Dear Steemians,

In one of my previous article i was asked to explain clearly what triangles, flag poles and flag are.

What is a Triangle On The Charts


A Triangle is formed when the red lines meet each other look above. I hope those red lines are clear enough.

What is a Flag Pole and Flag On The Charts


A Flag is formed when you have two parallel line are formed,(the green neon lines Flag A and Flag B), after the Flag pole.

Now please pm is this is not clear enough. I’d really appreciate upvotes or resteems , if the provided information was useful for you. i don't mind small donations.

Here are some of my addresses:
CBX 5To9Qkf8642rp4xhNC4WLnFr9draQZiBpM
ETH 0xdF15E9399B9F325D161c38F7f2aFd72C11a19500
BTC 17mMPpySrRFECZRCJGSitcTGmoPL6egFLw
NEO ARaEQe3iMLHLqspx8hRaqMYcq4pbeNkR4B

Thank you for reading

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Great article! Will you write more articles on how to do tech analysis?

Do you have any thing in particular in mind?