Trade Bitcoin Trading

What Happens to Crypto Price Action After Falling Wedge Bitcoin Chart Setup?

Falling Triangle Crypto Pattern

The descending triangle chart pattern in trading is formed in a downwards bitcoin trend and it highlights that the down-ward direction of bitcoin price movement is going to continue.

Falling triangle cryptocurrency setup is a continuation chart pattern that signals the current downwards trading market trend is going to continue.

Falling triangle cryptocurrency pattern is also known as falling wedge bitcoin chart pattern.

Falling triangle chart pattern highlights that there is a support area that the sellers keep pushing every time moving this support area lower, and once it breaks, the btcusd market will continue moving downward.

A down-side penetration of the lower line of the descending triangle chart pattern is a technical sell cryptocurrency signal for a market breaking downward from a descending triangle, and it reflects selling will follow.

Crypto Price Breakout after Falling Triangle Pattern

Crypto Price Breakout after Falling Triangle Pattern

The market developed formed a descending triangle cryptocurrency pattern during its downwards bitcoin trend which led to further selling & continuation of the crypto downward market trend.

The technical sell cryptocurrency signal is when bitcoin price breaks-out lower horizontal sloping line of the descending triangle pattern & selling resumes to push the btcusd trading market bitcoin price lower - continuation of the downward trend.

Get More Lessons & Tutorials:

Forex Seminar Gala

Forex Seminar

Bitcoin Broker