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File: 144 KB, 923x609, ascendingwedge.png [View same] [iqdb] [saucenao] [google]
9020404 No.9020404 [Reply] [Original]

"The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias."

>> No.9020423

nah

>> No.9020448

>>9020423
Good argument.

>> No.9020473

>>9020404

draw more lines on your retarded 'chart'

stupid dumbass TA nigger

>> No.9020516

>>9020473
>ad homs, no actual refutation attempt
>the absolute state of perma-bulls

>> No.9020917

I saw this potential wedge days ago but I was like nahhh btc to 9k that fast no way. Turns out it was real so yeah this and overbought rsi are the last two bearish things I see, apart from the obvious bart manipulation

>> No.9020958

>>9020917
How long are you expecting it to dump assuming it breaks out in the expected bearish direction?

>> No.9021151

>>9020473
Translation:
>"I'm too low IQ to understand TA. My head hurts when I look at those charts."

>> No.9021177

Only apply when everybody trust in this fucking Whale's sheep guideline created long long ago.

>> No.9021214

>>9021177
Are you having a stroke? Please try again, this time in a language we can understand.

>> No.9021221
File: 98 KB, 1000x1052, Bullrun.jpg [View same] [iqdb] [saucenao] [google]
9021221

>> No.9021242

its gonna bleed down to 8200ish and bounce off the long term resistance line (now support line)

>> No.9021393
File: 73 KB, 380x234, boggd.png [View same] [iqdb] [saucenao] [google]
9021393

>>9020404
>Paint a bull flag

>> No.9021402
File: 46 KB, 220x160, image.gif [View same] [iqdb] [saucenao] [google]
9021402

>>9020404
>TA
Have fun being bogged

>> No.9022042

>>9021402
I don't follow. TA's been generally pretty accurate as long as you trade conservatively. The breakout we had from 6600 was generally predictable on the longer term given that long term resistance and long term support were converging. I literally bought in a few hours before that pump in reliance on my TA.

Do you have an argument as to why the chart looks bullish (as opposed to bearish, as I asserted) other than a stupid ass Simpsons image?

>> No.9022068
File: 173 KB, 923x609, 1524317852427.png [View same] [iqdb] [saucenao] [google]
9022068

>>9020404
2k eow

>> No.9022075
File: 126 KB, 800x769, 1523222992998.png [View same] [iqdb] [saucenao] [google]
9022075

>TFW you realize that whales paint meme lines to bog traders.

>> No.9022572

rising wedgie

>> No.9022601

lol, your rising wedge from three days ago was broken, now you paint another one.
How often does crypto need to showe that it never respected rising wedges, literally always break up