Another characteristic to watch out for is the downward volume trend during the formation, however, diminishing volume is not an absolute rule. The breakout from the flag pattern should occur on high volume and confirm the continuation of the uptrend. The strength of the bull flag depends on how sharp the initial price spike was in the flagpole. During the consolidation phase, traders watch out for the price break up through the upper trendline and make a new high since it shows the bulls are in control again to push another rally.
This is one of the mistakes that I was falling, which is that I did not analyze the price well, and it received trading volumes when the resistance barrier is broken and a consolidation occurred, and therefore without there there are high trading volumes, the correction will be the option instead of a large green candle.
Generally, thank you for a good explanation, but I was hoping that the plans are related to bitcoin with active examples through historical data.