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delete-this-account
6 mar 2018 06:44

Rising wedge ready to fall Short

Bitcoin Cash / United States DollarCoinbase

Descrizione

Checkout this rising wedge on the BCHUSD 4H chart. The increased volume during the previous three periods is interesting too. Rising wedges are expected to fall.

It could also just go the other way ¯\_( $ )_/¯.

Commento

It could also be seen as a bearish pennant.

Commento

And if we flatten out the top ray, this could even be a ascending triangle.

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