Bitcoin Falling Wedge Bullish
A Falling Wedge is a generally considered bullish pattern and is usually found during up-trends
The pattern appears when there is profit booking in an uptrend.
Break Out: A breakout signal is generated when price moves above the pattern’s upper resistance levels. For additional confirmation a trader could wait till prices move above the previous resistance high.
BTC
BTCUSD
Bitcoin
The pattern appears when there is profit booking in an uptrend.
Break Out: A breakout signal is generated when price moves above the pattern’s upper resistance levels. For additional confirmation a trader could wait till prices move above the previous resistance high.
BTC
BTCUSD
Bitcoin
Note
we need some time, additional confirmation for long
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.
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.