HAHAHAHAHAHAH

The difference is that this triangle has 4 points touching the resistance trendline, whereas yours only has 2 touching points, which makes it weak.
But I agree that it's going down, in my case as a continuation pattern.

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>which makes it weak.
drawing or trend is weak?

how to find target in descending triangle? previous supports?

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See Target Range = Base Range

Ty user

>crypto is going to zero

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wouldn't that make the target range all the way down to zero?

fuck i mean 1k

that's the TA theory then there is the practice that doesn't turn out as perfect as the theory, plus supply/demand > TA

early 2016.
I'm not millionaire yet but I'm probably much better than avg Jow Forums autist.

I still can't get over how well Aug and Sep have hit the upper resistance and then dropped.

Where is the bottom?

this is it can't you see we keep hitting it straight on

5800 was the bottom, we are still in bottom(ish) range, for accumulation.

This. It will never go below that ever again and will probably never go below $6k. BTC is hitting higher lows.

TA on macrotrends is not a meme, since the players act acc the TA lines since they expect others to act acc to TA lines. Self fullfiling prophecy.

Fuck, me too man. Are we idiots?

lol idiot bears still think its going down after it hit 6100 and bounced right back up to 6400. its pretty fucking obvious around 6000-6100 is the bottom for bitcoin

it indeed is a continuation pattern

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Not with shorts this high

It's for this exact reason that it's not the bottom.

>be me 14 years old 5 years ago
>tfw I told dad to get into it
>tfw he didn't listen although hes the exact kind of guy to distrust governments

Reeeeeeeee

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why not 5k?

Its for this exact reason (your post) that it is the bottom

While it could be read as a descending triangle, sorta, I think it's actually forming a falling wedge, which is bullish. This doesn't mean it WILL go up, but it means there's about a 70% chance to go up, if it's really a falling wedge.

thepatternsite.com/fallwedge.html

>be me 5 years ago
>tfw i told mom to buy amd at $2.30
>tfw she didn't listen and listened to her friends for stock advice instead
I know the feeling user

Rip brother

beautiful bullflag. 10k eoy.

heh isnt this like a quadruple bottom. we going up dude not down

screen cap this

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are you sure about this bobo?

haha check out my id

TYY B C A GO

thank you bitcoin is a go boys

that shorting at ~5800-6300kish areas worked out very well every time the last 7 times

>why not keep doing it?

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If you're here since early 2016 and don't have at least $10 mil, much less $1 mil, you're a fucking failure. Don't ever give advice again.

Took me a couple seconds to figure out that wojak fucking ded

base range, target range

>buying at 4k

bobo.. please.. you missing out on 12k. buy at -8000 pls

bitcoin cash should jump over ripple and eth and cause a head to head with btc.

Except whent it isnt.

I know it's not, but I was only expecting one or two points of contact. September just rides right along it

He already sold and shorted. He will have nothing left when btc goes to 8k.