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What to Expect After a Bitcoin Rising Wedge Pattern

Rising Wedge BTCUSD Pattern

The ascending triangle cryptocurrency chart pattern in btcusd trading is formed in a upward bitcoin trend and it shows that the upward direction of the market is going to continue - the ascending triangle is a continuation bitcoin pattern.

The Ascending Triangle cryptocurrency design shows that there is a tough area that the buyers(bulls) keep pushing each time making the tough area go higher, & once it goes past that bitcoin value will likely keep going up.

An upside penetration of the upper ascending bitcoin pattern line is a technical buy cryptocurrency signal for a market breaking out from an ascending triangle bitcoin chart pattern.

Crypto Price Breakout after Ascending Triangle Pattern

Crypto Price Breakout after Ascending Triangle Pattern

The cryptocurrency market established an ascending triangle configuration during its strong upward Bitcoin trend, which ultimately resulted in a continuation of the upward movement, perfectly illustrated by the accompanying example graphic.

A buy signal in cryptocurrency trading occurs when bitcoin breaks above the ascending triangle's upper boundary. This breakout typically leads to a continuation of the overall upward trend in the BTC/USD market.

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