jambalulu

jambalulu

BTC has broken out to the upside from that big falling wedge with one last troll fake-break above 10k and then promptly reversed and fell down even lower than last time, and in doing so at exactly the right time and price it created a resistance line that is exactly parallel to the support, making an beautifully perfect downtrend channel down to that big support...

jambalulu Updated 

Is BTC setting up for one last dead cat bounce before the real fall? I'd say it is by the look of this large falling wedge we have been forming. Personally it seems to me that this bounce can at least retest 10k again. What do you think? Will it break 10k? Could it reach 11k? Leave your thoughts in the comments!

jambalulu

This big surge over 10k is starting to form a broadening topping pattern that suggests that once the support is broken BTC will either correct downwards to test the 10k mark once more, or at the very least start to consolidate for a bit. That being said we are still inside the pattern and we could have another retest of that resistance at about 11k. What do you...

jambalulu

I posted this in BTC\USDT as well Bitcoin is curving down in another great big weird curving pattern.. And literally the only conclusion i can draw from this is that BTC has more room to go down like 1,000$-2,000$ soon.. But what else can we figure from this? Will it break out to the upside eventually because it's kinda wedging and making a falling wedge like...

jambalulu

Bitcoin is curving down in another great big weird curving pattern.. And literally the only conclusion i can draw from this is that BTC has more room to go down like 1,000$-2,000$ soon.. But what else can we figure from this? Will it break out to the upside eventually because it's kinda wedging and making a falling wedge like pattern? will it go down in that...

jambalulu

Rising broadening wedge - Breakdown - retest.. Technically NOW is exactly the textbook short entry on this huge ass months long pattern, is it not??

jambalulu

Poor bulls.. I feel so bad for anybody who tried to catch these breakouts and waited for an actually substantial dead cat bounce with any kind of high leverage.. over and over again bitcoin has conformed to a broadening falling wedge that calls for a breakout, but instead of giving the bulls any kind of substantial dead cat bounce to trade, bitcoin was so bearish...

jambalulu

Ever since bitcoin topped it's been in this big broadening falling wedge that has had one fake troll-breakout after the other.. this pattern is now huge and the bounce that it calls for is just getting bigger and bigger with it.. I don't think it's safe to long at this point at all, but I am starting to suspect the real breakout might actually be close this time,...

jambalulu

We seem to be confirming another downtrending resistance line that suggests that we are yet again in an even bigger falling broadening wedge , but the pattern that we are currently in within that wedge is a bearish rising broadening wedge , so if i had to guess I would assume this big line of resistance will be broken pretty soon, the price will move up within...

jambalulu

BTC is recovering from the drop in a big weird curved pattern.. what does this mean? How long can this go on? Is this sustainable? Does this mean we will go up parabolically to 20k? I personally am still holding short positions, but please share your thoughts in the comments down below.

jambalulu

The falling broadening wedge on BTC has broken out. good idea to go long? good place to look for a short entry? I'm not so sure myself, post your thoughts in the comments below!

jambalulu

I don't know what matic is, but this coin has been forming a bullish falling wedge pattern for a while now. could this be the bottom of a huge bull run in the future? will altcoins just continue to die after all of these coins finish going up? I have no idea. but if you are just looking for an in-and-out trade instead of a long term investment I would certainly...

jambalulu

Bitcoin is falling within a pattern that suggests a rise is coming soon, which in my opinion will probably be just a dead cat bounce before a continued correction. But for the moment we are close to the support of this pattern, that could be a wonderful entry for a short-term long position (if we actually reach the support line), seeing how this pattern is pretty...

jambalulu

After the breakdown of yesterday Bitcoin looks like it's forming a small falling broadening wedge on the 15 min time frame, which suggests bitcoin might have a small bounce to the upside before probably falling lower. (I would think..) What do YOU think? WILL the drop even continue after this bounce? Will Bitcoin fall to 4,000$? Will it just go up to 20,000$...

jambalulu Updated 

Is BTC finally giving in to logic and reason? will the correction finally begin\continue now? Cast your votes now in the comment section below!

jambalulu

This huge scary bearish triangle is something we cant ignore anymore.. After this thing breaks down ETH is probably going to be dirt cheap.. Do you think this means ETH might lose its place as a crypto market leader? Will we see the nuclear altcoin holocaust continue another year? or more? less? Share your thoughts in the comments

jambalulu

Bitcoin seems to have ran out of steam on that rise with that rejection from that all important 12.5k level, now it's making some sort of triangle now to possibly bounce again twoards that high, but I honestly can't guess whether or not it's going to break it. What do you think? Have we just corrected and now we break 12.5k? Will we start a down-leg now? Vote...

jambalulu

In a week we will reach the apex of this years long falling wedge pattern that suggests ELF, like many other altcoins might go on a bit of an upside adventure soon. this looks like it could be the type of pattern that drags on and on for a bit, nullifying both lines and making new ones all the time, until some day it finally completes and breaks out, but even if...