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EXCAVO
Jul 8, 2018 10:35 PM

BItcoin Long

Bitcoin / DollarBitfinex

Description

I showed a grid of lines of supports and resistances. Also showed horizontal levels. Now we are moving into the blue uptrend channel and already we see an rising wedge - a reversal figure. The market is highly manipulated. may grow a little more, but we still fall globally.

Comment

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Break out support line of blue channel and support line of the rising wedge

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We didn't break 6800

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Comments
AbouAyasha
you never correct with Bitcoin..
when you say it go up , it will down
and when you say it go down, it will go up
TheDudeForex
@AboAiasha, I just checked his latest 5 btcusd ideas. 2were right, 1 was wrong, 1 was partially right(2 of 3 levels hit) and 1 is still in progress(July 3).
But people always tend to remember someone's mistakes better.
AbouAyasha
@TheDudeForex, Do you still have the same opinion? After a drop the price ?
vinh
@AboAiasha, she's crying in the corner, please stop poking her !
HacTienSinh
Always wrong :))
EXCAVO
@Thienhuynh, You understand what is it rising wedge?
jasonwhite
@EXCAVO, its not a rising wedge, its an ascending channel
slowp0ke
@jasonwhite, now it is :)
jasonwhite
@slowp0ke, it never was a rising wedge in 4 hour candles sweet-heart. Also, you should be aware that different timeframes have different patterns, glad you learned something new today :)
leoa451
@jasonwhite, whether it was a wedge or channel all along we will see very soon. If it was a wedge - the price will continue to retrace down below the channel to the level where the wedge has started. If it was a channel all along we’ll see the price retracing to 236. $1 it was a wedge.
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