Bitcoin Falling Wedge Analysis
업데이트됨
Bitcoin Falling Wedge Analysis
The above chart of Bitcoin laid out a Falling Wedge .In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal.
This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, Bitcoin is at $16830. If the pattern continues, the price of Bitcoin might reach the resistance level of $21600. If the trend reverses, then the price of Bitcoin may fall to $15500
Happy Trading
The above chart of Bitcoin laid out a Falling Wedge .In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal.
This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, Bitcoin is at $16830. If the pattern continues, the price of Bitcoin might reach the resistance level of $21600. If the trend reverses, then the price of Bitcoin may fall to $15500
Happy Trading
액티브 트레이드
액티브 트레이드
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.