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Jefe
Feb 21, 2018 11:51 AM

BTC About to Break Out of the Wedge (Bullish) Long

Bitcoin / DollarBitfinex

Description

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Comments
mvc64200
Man you should learn about TA before posting
By the way 1-4 hours from now I'll come and tell why you was wrong and why price dropped
Jefe
@mvc64200, Oh yeah? Why don't you explain now, smartypants?
mvc64200
@fakhan, I'll explain that to you when it dropped 1-4 hours from now because at that time you will be quiet and you will listen
Jefe
@mvc64200, Haha. Well, tell you what sh*t for brains, I haven't said if it will break above or below out of the wedge. All I'm pointing to is that it is trading within the wedge and will breakout of it most definitely very shortly. Whether it's 4 hours from now or 40, that statement will stand true. What remains to be seen is whether it will break upwards or downwards. Comprende?
milvescollc
Isn't a common knowledge that a Symmetrical-triangle/Wedge in a DOWNTREND is usually breakdown/continue to the downtrend and not Up?
Dr_Khaos
Hmmm... what is the rationale behind your rock-solid call? You have zero doubt about this??
Jefe
@Crypt0Cl0wn, I have zero doubt it will break out of this wedge. Up, down, that remains to be seen and I haven't said anything about that.
EspressoDopio
@Crypt0Cl0wn, I like this website, but I miss the function here to block people
reppac
what are your reasons for this analysis? I see no imminent breakout in your chart.
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