malmsteen23

Falling wedge idea

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Falling wedge coming up. A falling wedge pattern is signified by lower lows and lower highs. Therefore, it results in declining support and resistance trend lines. However, the resistance trend line falls sharply compared to the support trend line, resulting in a falling wedge pattern. What do you think?
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.