At Tech Charts I've been focusing on these 8 classical chart patterns over the past 9 years.
I have featured 2000+ breakout setups/alerts and all are categized with their reliability numbers under the breakouts page
https://t.co/nHVu1Ptp38
Choppy upward move in a possible channel. Not a rising wedge.
Question: Is this a bearish continuation or a bottom reversal.
Watch the following short video on acting on horizontal boundaries which again brings us to the importance of 72-76.5K horizontal resistance area. $BTCUSD
$BTCUSD Most probably will offer a better level for bottom fishing. Each swing overlapping the other (rising wedge structures) is usually not a trend but a counter trend move. The trend is not up. The trend is down and short sideways/up consolidations are counter-trend moves.