COINBASE:BTCUSD   比特幣 / 美元
What if this is the one wedge to rule them all?. For the last couple weeks btc             has been smashing out wedge after wedge ... were they just a setup for an even bigger one?

Key points of interest:
1. Support line currently highly speculative we can, however, see that a retrace to $7500 is a 50% retracement of the pump.
2. Bounce from support will see us move to the .618 fib from the double top breakdown. Which also coincides with the long-term log support and is bound to give btc             some grief.
3. The kicker... the STOCH is also wedging up rather nicely the peak is likely to be around the same time as btc             reaches the log resistance.

Short: $8400 - $8700

TP1: Bottom of wedge $6600
TP2: $5500
評論: There's some more data to play with now... I've redrawn and still fundamentally believe there's a big bearish move building.

評論: Scalping a short position here opened $8360. Top of wedge resistance looks to be holding up. Strong bearish divergence on the RSI.

評論: After the recent break upwards I've delved back into my charts and believe that this 'bull trap' is nearing a reversal.
評論: 1st imaginary wedge support hit. The 12hour STOCH is starting to get interesting here. The next 24 hours are vital.
評論: 4hr STOCH created a descending wedge which has just broken out - Opened a long small long at $7850 to close at $8400. The 12hr indicates we've turned bear as predicted.
評論: 12hr -
評論: Losing faith in the strength of the market and don't believe it'll get to $8400 again. For that reason, I've moved my short entry lower to $8250. I still strongly believe we're still in the downtrend...

Rising wedge in a rising wedge...


12hr STOCH at this point has broken out also indicating the move down is in progress
Losing faith in the strength of the market and don't believe it'll get to $8400 again. For that reason i've moved my short entry lower to $8250. I still strongly believe we're still in the downtrend...
Rising wedge in a rising wedge...
回覆
I like your chart,and I have followed you. I hope you can Follow Me at the same time.



回覆
What if the price continues to climb?
回覆
@Eyates, idea will be invalid. Its an idea and highly speculative as there's barely any points to chart from
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出