Hinterland

Descending Wedge Breakout

Hinterland Updated   
COINBASE:BTCUSD   Bitcoin
On the hourly chart BTCUSD has been accumulating in a descending wedge. A break has emerged signaling the formation of a new pattern. May be bullish but must monitor longer to confirm.
Comment:
Breakout confirmed!
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.