A falling wedge pattern is the bullish analogue of the bearish rising wedge chart pattern. The falling wedge differs in its shape from the rising wedge as well as the results produced. The falling wedge will have two converging trend lines that slope downward, before an upward bullish breakout. On rare occasions, a falling wedge … Read more
If we compare broadening wedges, they are the flip side of regular wedges. In a regular wedge, the upper and lower lines of the formation converge, while in the broadening version, they diverge. Watch out for nearby support and resistance, make this your first target. After the trendlines are formed, as soon as price touches … Read more
In addition to forecasting and identifying trends, you’ll need to know about established products like Bitcoin and Ethereum as well as new, up-and-coming coins, crypto tokens, and more. You’ll also want to know how to use the tools of the trade, understand the benefits of different digital exchanges, and be familiar with traditional investment strategies. … Read more
These trading apps don’t support all account types like full-service stock brokers, but they have lots of functionality that combines basic crypto and stock trading with digital banking capabilities. Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Andrey Sergeenkov is a freelance … Read more
