Bitcoin Falling Wedge Bullish
Updated
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
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