Rules of Descending Triangles. Is Bitcoin in One?

3 Eyl 2018

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

Red Boar

4 Eyl 2018

Not

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

5 Eyl 2018

Not

5 Eyl 2018

Not

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

12 Eyl 2018

Not

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

16 Kas 2018

Not

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!