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BTC Double Falling Wedge CONFIRMATION TO BUY/SELL

Long
Bitcoin (COINBASE:BTCUSD)  
SXTrading  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Wave Analysis Chart Patterns BTCUSD BTC Bitcoin (Cryptocurrency) USD rising Wedge Rising Wedge
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trendanalysis waveanalysis chartpattern btcusd btc bitcoin usd rising wedgepattern risingwedge
BTC PRICE MOVEMENT - WEDGE PATTERNS

Once the wedge pattern completes, the Rising wedge that follows provides evidence for an increasing rate of buyers surpassing the increase in rate of sellers.

We have two potential reversal zones. If the price breaks the first wedge, then the price will break support. If it uses the wedge as a support, then we have a firm buy signal as it breaks resistance.

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