Characteristics of a Wedge The rising and falling wedge patterns are similar in nature to that of the pattern that we use with our breakout strategy. However because these wedges are directional and thus carry a bullish or bearish connotation.
1- The falling wedge is the inverse of the rising wedge where the bears are in control, making lower highs and lower lows. This also means that the pattern is likely to break to the upside.
2- Rising wedge slopes upward and is most often viewed as a topping pattern where the market eventually breaks to the downside. #bitcoin
#ESPUSDT breakdown 288 EMA move little bit bearish side after chart show me double bottom then price breakout 288 EMA and trigger green signal #trumpcoin
BREAKING: US bombs dozens of Iranian military targets on Kharg Island overnight, including bunkers, radar station, ammunition storage, senior US official tells #bitcoin
#bitcoin When I track this coin, I noticed it was consistently trending up trend. then i waited for it come to retest EMA; after that price trigger green signal, then I entered this trade. #IranAttackIsrael