Bixley

BTCUSD Falling Wedge Elaboration

BNC:BLX   Bitcoin Liquid Index
Each touch along the bottom line of the falling wedge has led to bullish results (green circles, vertical lines)
This is shown with the bars pattern tool
Falling Wedges are classified as bullish patterns due to their ability to break out bullishly once reaching a critical point, I have also shown this with a bars pattern in green
This is good for Bitcoin and an elaboration on my previous BTC falling wedge post
Below


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