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Title: Bitcoin Weekly Bull Flag and a Falling Wedge Post by: Whaleagent on July 29, 2019, 05:48:04 PM https://whaleagent.club/bitcoin-weekly-bull-flag-still-in-place/
It seems that Bitcoin not only is in a weekly bull flag but a descending wedge or falling wedge, both really bullish patterns. It seems that the long term is really bullish for Bitcoin. https://i.gyazo.com/b727e64cdd37bc41c00e4c3c8c47e90c.png Title: Re: Bitcoin Weekly Bull Flag and a Falling Wedge Post by: target on July 29, 2019, 06:28:25 PM This is a game of speculation. Though there is a sign that this could go up for bullrun, RSI does say something else. The resistance is getting stronger that it already tried several times but failed to break out. I wouldn't mind to wait for months but bear market is not something that I can monetize. How low do you think it can go? Title: Re: Bitcoin Weekly Bull Flag and a Falling Wedge Post by: BrewMaster on July 29, 2019, 06:39:05 PM The resistance is getting stronger that it already tried several times but failed to break out. I wouldn't mind to wait for months but bear market is not something that I can monetize. How low do you think it can go? the "resistance" was only tested twice in reality. other than that we have been residing in a sideways market for some time now. and i wouldn't call this a "bear market" at all. we are still in a bull market that slowed down after a 300% rise in about 6 months. |
