fineregex
in a wedge the more likeable breakout direction may be the steeper/sharper side It is assumed to be weaker to break. The blue wedge's bottom line is also the trend of the whole bubble (ranges back to $800)
BITCOIN bullish at last? volume turned more green these hours and these minutes?
hi, some new lines (yellow) i drew this several hours ago but was too busy to finish the post. i was infact busy, among other, reading pump troll's comments asking me why i "hate" ripple so much. and of course it works, making me post late. dont fall for their shit. dont even watch them. if they hire 100 people for some bad cause of course it will out-weight...
whats your opinion about this? decided or it stays exiciting?
On his rational path - and humming his favorite song, 'rational bear' was confronted through an 'imaginary unicorn calf' blocking all the rational trendlines in his sight! again. So suddenly! Will taking the detour above the 'unicorn hill' be mandatory once again? - Or could 'rational bear' just go back in time - or just duck down, and crawl along the...
guess i would have made this "long" if i would not be afraid to support bubbles
Ripple, dont get mad again... Seems after too many pumps and ddos and bitcoin price increase people still dont know what to do with their bitcoin anymore one again and start dropping some at ripple. Keep in mind the bigger bicture by ripple after this bubble. You could buy ripple below the ~6700 level, rather sooner than later Broadening ascending wedge's...
what do you think? BULLISH ASCENDING TRIANGLE or BEARISH WEDGE ? Thanks!
Bitcoin obviously left rational / sustainable prices. And it may have got 4 times the amount of active users as in 2014 ? (according to blockchain.info) - But then, do we need to reach 4 times the price of 2014? Now users have different demografics. Back then it was coders/developers, and some who believed in bitcoin and also gamblers. probably richer in average...
last one for this :) the pump candle happend at the same time at poloniex that someone sold 0 bitcoins or so worth of ethereum
it broke down from the big green flag/wedge an also broke below previous high since a while, that already also seemed to serve as resistance and support. Dont be fooled by pump-talk (rumours / exaggerations) Banks dont have trillions to burn. But even if they had, then, just to build another network between them, they would not be comfortable enabling 62%...
Another Great rising wedge reversal / bear flag! Set your TP and Stops. Highly manipulated marked, be aware! (TP may be far down, so you may prefer "trailing stops" / editing you stops when market is calm and working
thanks
When markets are taken hostage by evil, then up turns down and down turns up Dont feed the Monsters.