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cerncris
Aug 23, 2017 2:19 PM

Rising wedge, need bounce or retrace down? 

Ethereum / DollarBitfinex

Description

Rising wedge on eth, need bounce here or retrace down?
Comments
mobitz
Ascending triangle = bullish
oshin11
@mobitz, Agreed, I'm surprised how many people post nonsense on here. However, there is definitely a huge rising wedge on the horizon (1H and 6H chart). This might be a last leg up before a smash down correction.
cerncris
@oshin11, funny how its still slowly rising... I could redraw the same wedge again on a larger scale. Not only did Eth maintain the pattern, it actually succeeded through time scaling regardless if it's nonsense to you.



here's my current nonsense chart for BTC
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