Descending broadening wedge on the 1 hour chart.

To stimulate discussion, not investment or financial advice.

Looks like a descending broadening wedge has formed on the 1 hour chart, most of these break to the up side! What do people think?

Trade ist aktiv:

Looks like XTZ has broken out of the descending broadening wedge. The previous upper limit of the wedge is giving support while the origional trendline is giving resistance.