Taken 4hours of interval on BTCUSD, as you can see wedge formation on descending channel. Bull/Bear Breakpoint Decision 1 is where the major ascending channel decided. Bull/Bear Breakpoint Decision 2 will be another decision making most favorably for Ascending. Let me know your thoughts.
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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.