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

Descending Triangle Crypto Chart Pattern

The descending triangle cryptocurrency chart pattern in bitcoin trading is formed in a downward bitcoin trend & it shows that the downwards direction of bitcoin trading price movement is going to continue.

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

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

Descending triangle cryptocurrency chart pattern shows that there is a support level that the sellers keep pushing each time moving this support level lower, and once it breaks bitcoin trading price will continue to move downward.

A downside penetration of the lower line of the descending triangle cryptocurrency chart pattern is a technical sell cryptocurrency signal for a market breaking down from a descending triangle, & it indicates selling will follow.

Crypto Price Breakout after Descending Triangle Pattern

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

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