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      "title": "The Pattern Bible : 3. The wedges",
      "body": "Hi everyone,\n\nToday I will show you a new pattern in charts : the wedges. There is 2 differents wedges : rising and falling ones.\n\n\nI. Rising wedges : \n\nIt is a bearish pattern, if the price is consolidating high and break the below trendline, the price will drop. \nJust look at the chart picture to understand it.\n\n![](https://steemitimages.com/DQmUBghZq6vYtRXDGEF3jFgEUezWfpkReKFnY2sdbcHJpRQ/image.png)\n\n\nII. Falling wedges :\n\nIt is the opposite, so it is a bullish pattern.\n\n![](https://steemitimages.com/DQmRwVvb6gDMsE7iBpi4xCj6gAnpsBcFjs71914EXXmTuGE/image.png)\n\nNow you can trade with the falling and rising wedges! \nI hope it helped you, if you have questions or things you haven't understood, don't hesitate to ask me ! \n\nThanks for reading.",
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      "body": "<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by Cara from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href=\"https://discord.gg/HYj4yvw\"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href=\"https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS\">50SP</a>, <a href=\"https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS\">100SP</a>, <a href=\"https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS\">250SP</a>, <a href=\"https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS\">500SP</a>, <a href=\"https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS\">1000SP</a>, <a href=\"https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS\">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>",
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      "body": "Impec ! Merci pour la précision",
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      "permlink": "re-monsieur-tk-re-julebut-paybtc-falling-wedge-20180218t174544035z",
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      "body": "Exact, si on break un falling wedge par le haut, alors le prix est susceptible de monter. (Ce qui s'est passé sur le falling wedge bleu, quand on a break on a quasi fait +100%)",
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      "body": "Sympa l'analyse !\n\nSi j'ai bien compris sur la 2ème image, si le cours traverse de manière franche la ligne bleu des chandelles supérieurs, alors le cours à de très forte chance de grimper.\nEt si c'est celui du bas, le cours doit chuter ?\n\nMerci ;-)",
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      "parent_permlink": "bitcoin",
      "author": "julebut",
      "permlink": "paybtc-falling-wedge",
      "title": "PAYBTC : falling wedge",
      "body": "Hi everyone,\n\nToday I would like to show you a TA on the PAYBTC chart. \nThere is different patterns on this chart.\nHere is the virgin chart, without any analyst : \n![](https://steemitimages.com/DQmRxDZk63yr778spsGr4XJb8VyuTA2TxcjYuLjt4FC4rSH/image.png)\n\nIn the historic, we had a pattern called falling wedge (I will explain what is this pattern in a futur \"pattern bible\" post).\nSince we broke the falling wedge, we made almost +100% profit. \n![](https://steemitimages.com/DQmT6eDVPsfVziqa8A3Ayn96Fauf3VzMBMhQCNkh4XLCG8q/image.png)\n\nNow we are again in a new falling wedge (the red one)\n![](https://steemitimages.com/DQmTbWubn8JFvK7CujcrDmtRAqCcudBAypNWzqEq7tfFrT2/image.png)\n\nI am currently waiting for the price to cross the upper resistance to get in. This is for a short term target.\n\nFor a long terme target : \nWe also have a Chuvachov's Fork (in green). If you want to invest in a long term view, I suggest you to wait until we break the second downtrend.\n![](https://steemitimages.com/DQmY9xRfajHEntFRsjUhVsyhouSaRcLfSMw4yk5x6piT4C5/image.png)\n\nThanks for reading!\nDon't hesitate to comment & upvote if you liked it.",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"trading\",\"blockchain\",\"cryptocurrency\",\"chart\"],\"image\":[\"https://steemitimages.com/DQmRxDZk63yr778spsGr4XJb8VyuTA2TxcjYuLjt4FC4rSH/image.png\",\"https://steemitimages.com/DQmT6eDVPsfVziqa8A3Ayn96Fauf3VzMBMhQCNkh4XLCG8q/image.png\",\"https://steemitimages.com/DQmTbWubn8JFvK7CujcrDmtRAqCcudBAypNWzqEq7tfFrT2/image.png\",\"https://steemitimages.com/DQmY9xRfajHEntFRsjUhVsyhouSaRcLfSMw4yk5x6piT4C5/image.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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