Fevzii

Falling Wedge (bullish pattern)

Long
Fevzii Updated   
BITFINEX:IOTBTC   IOTA / Bitcoin
A falling wedge is a bullish pattern. Be focused on high volume. That's an indication that it could break out. When it breaks out we'll come into a bullish trend. Expecting a break-out in the red circle.
Comment:
The bull market can start just before the red circle... Keep watching if it breaks the upper line. If it breaks with huge volume, thats the start of the bull market.
Comment:
The changes are high that it will break within the red circle; the start of the bull market.
Comment:
Almost broke the falling wedge. The volume is good, so an acceleration into an bull market is possible.
Comment:
The upper line has been broken. This is the start of the bull market. We should see new all time highs.
Trade closed: target reached

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