lofihenny

lofihenny

could it be this simple? fundamentals say no

lofihenny

bitcoins rising wedges have been forming for quite some time now. itll be interesting to see how these patterns play out. the numbers on the chart correspond to the labels 1: large rising broadening wedge or bull cylinder depending on which way it breaks. this is by far the most important pattern. 2: rising wedge since november 27 ends on december 2 at the...

lofihenny

goodbye btc it was nice knowin ya

lofihenny

this move in bitcoin has thrown off a lot of traders including myself but this is a clear short here finally. i was indeed fooled by the perfect pennant last night but luckily woke up on the bearish retest and flipped short. looks so bearish

lofihenny

idk i mean 200$ invested now could be a good amount in the future if this thing takes off this crypto got some crazy investors and business partenrships if u do some DD on it i dont think this is just another shitcoin but i cud b wrong bought a little here. actually bought ewtb chart looks a lot weirder but i think its basically the same shit a lot more expensive...

lofihenny

took the top one and cloned it and this looks like its ready to reverse bull flag it looks like going to at least test it altcoins are about to go crazy when retail apes in privacy coin narrative is good too

lofihenny Updated 

if this breaks to the upside the accumulation cylider is confirmed and also completely parabolic like insanely. like teleport to some ridiculous price parabolic.

lofihenny

still holding the break of this channel now turned into support after second bullish retest

lofihenny

coming into some resistance here definitively gonna risk off there

lofihenny

looks like its flagging above the channel breakout im guessing it blows off at the broadening wedge resistance. taking profit before it hits

lofihenny

i tried to warn bulls but they were blinded by fast money and didnt listen the market settles all debates in time and i have a feeling bears will be proven right soon salute to majinsayan and chimpzoo many bears have died in their honor

lofihenny

when they take profit they will take the profit. it will be coordinated. it will be fast, and it will definitely be something you wont be able to stop watching

lofihenny

sold some btc futures here. if this is deadcat well see here.

lofihenny

would be interesting if it plays out

lofihenny

unless this gets faded in 20 minutes, this has broken out. could look for an entry at the break of the 618

lofihenny

bears are here but i dont know if theyre going to be able to push it too much lower. sold about half since the daily looked like sht. still bullish as long as we hold above the lower trend line. i dont like posting charts like this cuz i know big dicc money is like "oh look retails drawing this cute little triangle" then nuke it lol

lofihenny

todays price action is pretty terrible. looks like were printing an sfp

lofihenny

due to their wassie abuse scandal, the company may see a selloff in its stock