Haejin, you are now literally spewing nonsense every day about bitcoin. Stop misleading people with your bullish lunacies. Your graph is extremely wrong with multiple points far from the wedge itself. Short term bitcoin is bearish and there are NO indications of a breakout, as the volume is incredibly small since the last low of 6k.
End this stupid nonsense! Stop cash-cowing steemit users, they are NOT your sheeple.
You are the one spewing nonsense. If you know better show people your chartwork. Or better still go and play with yourself. People who follow @haejin aren't really interested in what you have to say. TROLL much?
@charliek You can only talk about yourself with that. people that follow @Haejin (not blindly) do want to share good input from others like @garett 's valid points in the counter response he gave you below. If you want different charts, check @philakonecrypto and even Tone Vays videos today show his bullishness melting down. Blessings.
the price never left the wedge, barely wicking it yesterday. if you had any intellect left, you would have noticed Haejin switched from this wedge drawing (mine) to his current version only a few days ago, IMAGINING a breakout, while the volume is hitting lower lows each and every day.
Sheeple will be sheeple.
I would prefer to see comments like this, instead of your previous one.
I'm wondering the same about the wedge. But I think it's possible that it was bear wick at point 2 and even at point 0. It's hard to say what is correct here.
Go to 30 or 60m charts. You can't connect points 0,2,4 on you chart. So BTC did left the wedge at some point.
Exactly
https://discord.gg/NU3gJG2
Garret, you are correct. This is textbook bearishness. A brief rise followed by low volume leads to further bearish prices. Do not buy at this point, folks. Wait for another big drop.
Actually, if you had been following you would have noticed that where his upper line is now is exactly where it was to start. He had moved it out because of the sideways movement at the top of the D wave, but after a few days decided that there was better support at his original line.