BTCUSD Falling Wedge Elaboration
Each touch along the bottom line of the falling wedge has led to bullish results (green circles, vertical lines)
This is shown with the bars pattern tool
Falling Wedges are classified as bullish patterns due to their ability to break out bullishly once reaching a critical point, I have also shown this with a bars pattern in green
This is good for Bitcoin and an elaboration on my previous BTC falling wedge post
Below
This is shown with the bars pattern tool
Falling Wedges are classified as bullish patterns due to their ability to break out bullishly once reaching a critical point, I have also shown this with a bars pattern in green
This is good for Bitcoin and an elaboration on my previous BTC falling wedge post
Below
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.