flibbr

Bullish breakout rising wedge into rising wedge, Huobi, #bitcoin

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
281 9 5
So as you can see, we have the mythical bullish breakout of a rising wedge into another rising wedge ... seen it here first folks.
I retweeted this. I hope you don't make us look silly.
Reply
flibbr PRO grahvity
Haha. China makes us all look silly. They sell the thing down the drain.. then ride it just straight up vertical not a market sell in sight..
+1 Reply
A rising wedge is a bearish signal, yea?
Reply
flibbr PRO Don_Bossa
Well when they pop out.. they break down.. so yes... they are a bearish pattern... but this is bitcoin, the honey badger... bitcoin no give a shit for nothing in rally mode.. lol
+2 Reply
Very true. Bitcoin doesnt give a f**k about Technicals
+1 Reply
flibbr PRO Don_Bossa
Yeah.. in bear mode its pretty good.. in bull mode.. pedal to the metal.. this things got legs ! lol
Reply
grahvity flibbr
But with it being this overbought, some relief in order. I'm not selling but I'm also not buying more with everything being pegged to the top in the higher time frames.
Reply
flibbr PRO grahvity
Yeah, read what 4xforecaster just wrote about overbought / oversold labels, https://www.tradingview.com/v/YntcRDde/#tc78415
+1 Reply
grahvity flibbr
Good read. Thanks for pointing that out to me.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out