Descending Broadening Wedge

A clear descending broadening wedge pattern is playing out. This is a bullish trend (at least on the micro level), with confirmation already triggered through an upward breakout of trend. Now price is at consolidation (recharging) stage with resistance level already broken once. Same trend is going on with BTC.
Chart PatternsDescending Broadening WedgeTrend Analysis

免責事項