BitcoinLong
Falling wedge in descending triangle
Hello,
the yellow triangle is a descending one, please see the attached chart for the bigger picture.
The dashed cyan lines are forming the trendlines for the falling wedge.
I use the CMF for refining a possible breakout timeframe.
The magenta lines are my interpolation of the price.
the yellow triangle is a descending one, please see the attached chart for the bigger picture.
The dashed cyan lines are forming the trendlines for the falling wedge.
I use the CMF for refining a possible breakout timeframe.
The magenta lines are my interpolation of the price.
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Related publications
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.