The appearance of a 'rising wedge' on technical charts often has traders preparing for a fresh price drop. But sometimes these patterns can become a self-fulfilling prophecy. Chart of the Day explains, presented by cryptocom:
Bitcoin has gained 36% in two months, offering relief to the battered bulls. However, according to Crypto Twitter, the recovery has suddenly drawn the shape of a 'rising wedge,' or a bearish pattern, on price charts and could be short-lived. 'All About Bitcoin ' host Christine Lee breaks down the Chart of the Day.
Aug 16, 2022
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Azimut to Launch the Grande 36 MetriWith its original design and modern ethos, Azimut's Grande 36 Metri superyacht embodies the DNA of the Azimut Grande line, with a semi-walkaround upper deck and fully retractable side windows.
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Montgomery man convicted of three 2020 armed carjackingsA 36-year-old man has been convicted of multiple armed carjackings, allegedly using the stolen vehicles in robberies at various Montgomery businesses. A federal jury on Friday found Johnnie Leeanozg Davis guilty of three counts of carjacking and three counts of brandishing a firearm in relation to a federal crime of violence.
GBP/USD Forex Signal: Bearish Descending Wedge Patterns$GBPUSD Forex Signal: Bearish Descending Wedge Patterns
Bitcoin Consolidating in Bearish ‘Rising Wedge’ Pattern Aug 16, 2022 Bitcoin has gained 36% in two months, offering relief to the battered bulls., the exterior is replete with sleek and sinuous lines that are synonymous with the Grande designs.It is zoned for 254 multifamily units and up to 130,000 square feet of commercial space.for areas served by the Los Angeles Department of Water and Power.
However, according to Crypto Twitter, the recovery has suddenly drawn the shape of a “rising wedge,” or a bearish pattern, on price charts and could be short-lived. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day. The ship embodies the DNA of the Azimut Grande line, with innovative design choices that the shipyard say have ‘never been seen before’. . This location along Race Track Road provides residents with convenient access to some of the city’s major employment centers,” said CBRE’s Cliff Taylor.