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.
grahvity
2 years ago
I retweeted this. I hope you don't make us look silly.
Reply
flibbr PRO grahvity
2 years ago
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
Don_Bossa
2 years ago
A rising wedge is a bearish signal, yea?
Reply
flibbr PRO Don_Bossa
2 years ago
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
Don_Bossa flibbr
2 years ago
Very true. Bitcoin doesnt give a f**k about Technicals
+1 Reply
flibbr PRO Don_Bossa
2 years ago
Yeah.. in bear mode its pretty good.. in bull mode.. pedal to the metal.. this things got legs ! lol
Reply
grahvity flibbr
2 years ago
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
2 years ago
Yeah, read what 4xforecaster just wrote about overbought / oversold labels, https://www.tradingview.com/v/YntcRDde/#tc78415
+1 Reply
grahvity flibbr
2 years ago
Good read. Thanks for pointing that out to me.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out