TradingView
Bixley
Dec 7, 2022 3:15 AM

BTCUSD Falling Wedge Elaboration 

Bitcoin Liquid IndexBrave New Coin

Description

Each touch along the bottom line of the falling wedge has led to bullish results (green circles, vertical lines)
This is shown with the bars pattern tool
Falling Wedges are classified as bullish patterns due to their ability to break out bullishly once reaching a critical point, I have also shown this with a bars pattern in green
This is good for Bitcoin and an elaboration on my previous BTC falling wedge post
Below



More