How to Analyze Bear Flag Bitcoin Chart Pattern

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

The bear flag cryptocurrency chart pattern is a bitcoin trend continuation pattern where the bitcoin trading price retraces slightly with a narrow bitcoin trading price action that has a slight upward tilt.

The technical sell point is when the bitcoin trading price penetrates the lower line of the inverted bear flag bitcoin trading pattern.

The flag portion of this cryptocurrency pattern has highs and lows which can be connected by small lines which are parallel, giving it what looks like a small channel.

How to Analyze Bear Flag Crypto Chart Pattern

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