BTC Potential Descending Wedge Pattern

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Im not too sure on this one , any traders that could help would be appreciated. I think this may be a descending wedge pattern, meaning we could see a bullish breakout.


Looks to be consolidating to me. I plan to let price decide which way it wants to go first before entering. More probable to me is it continues up
+1 Reply
stefanjagger EasyCharts
@EasyCharts, agreed.
Its a symmetrical triangle meaning a possible end of a trend but it could touch the bottom line and go up and even drop below the line and back up.
this is triangle pattern
ForexDarby schawin999
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