Rules of Descending Triangles. Is Bitcoin in One?

٣ سبتمبر ٢٠١٨

It seems to me, based on the rules posted in the chart, we are in a clear bearish continuation descending triangle.

Red Boar

٤ سبتمبر ٢٠١٨

ملاحظة

Rising wedge on declining volume....love tap on the .618 retrace line....what more could a bear ask for?

٥ سبتمبر ٢٠١٨

ملاحظة

٥ سبتمبر ٢٠١٨

ملاحظة

Price rejected off of 25 MA weekly and down trend line perfectly

١٢ سبتمبر ٢٠١٨

ملاحظة

Here is a smaller descending triangle I am watching...expecting a breakdown

١٦ نوفمبر ٢٠١٨

ملاحظة

WOW! What a perfect chart this ended up becoming...volume is back and its time to short the ponzi bitcoin to the dirt...get ready fellas its going to be a hard ride down!