Long

Possible Falling Wedge pattern?

In REPBTC we are seeing a possible falling wedge pattern. This is a bullish pattern, and if the prices pass through the down line, we can face a good opportunity of a long operation. But here is an important fact: While volume is not particularly important on rising wedges, it is an essential ingredient to confirm a falling wedge breakout. Without an expansion of volume, the breakout will lack conviction and be vulnerable to failure.
FibonacciSupport and ResistanceTrend Lines

Haftungsausschluss