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Bitcoin
Updated

Descending Wedge Breakout

60
On the hourly chart BTCUSD has been accumulating in a descending wedge. A break has emerged signaling the formation of a new pattern. May be bullish but must monitor longer to confirm.
Note
Breakout confirmed!
Hinterland
Chart PatternsTrend Analysis

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.
Chart PatternsTrend Analysis
Hinterland

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.