More Bitcoin Patterns
The rising wedge is a reversal pattern and here, the first pattern we see an inverted rising wedge. Therefore, the trend should have reversed, which it did.
The second pattern that we see is a falling wedge. When this pattern is found in an uptrend, it is considered a bullish pattern.
The third pattern we see currently forming is similar to the first. It is an inverted rising wedge which indicates a reversal of trend is near!
The second pattern that we see is a falling wedge. When this pattern is found in an uptrend, it is considered a bullish pattern.
The third pattern we see currently forming is similar to the first. It is an inverted rising wedge which indicates a reversal of trend is near!
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