What Happens to Crypto Price Action After Rising Wedge Bitcoin Chart Pattern?

Rising Wedge BTCUSD Trading Pattern

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

Ascending Triangle cryptocurrency pattern shows that there is a resistance level that the buyers keep pushing each time moving the resistance level higher, & once it breaks-out bitcoin price will continue to move in an upward trend.

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 trading chart pattern.

Crypto Price Breakout after Ascending Triangle Pattern

The cryptocurrency market formed an ascending triangle cryptocurrency chart pattern during its upwards bitcoin trend which led to upside continuation as illustrated on the cryptocurrency trading example above.

The buy cryptocurrency signal is when bitcoin trading price breaks out above the upper ascending triangle pattern line and the btcusd trading market continues moving upwards - upward cryptocurrency trading market trend continuation.