What Happens in Bitcoin Trading after a Bullish Continuation Bitcoin Chart Pattern?

A continuation cryptocurrency chart pattern is a market trading signal that shows the current bitcoin trend is taking a break before resuming the current direction of the market bitcoin crypto.

If the bitcoin trend is upwards a continuation cryptocurrency chart pattern signals that the btcusd trading market is taking a break before resuming the current upwards trend. The continuation pattern in a upward bitcoin trend is known as a rising wedge which signals that the bitcoin price is consolidation but keeps moving higher & higher forming a chart pattern that resembles a rising wedge. Bitcoin Traders should wait for a confirmation signal of the cryptocurrency setup before opening a trade based on this bullish continuation cryptocurrency chart pattern. Once there is a bitcoin trading price breakout to the upside then the continuation cryptocurrency chart pattern is confirmed & bitcoin prices will then continue to move in direction of the current up-wards cryptocurrency market trend.

If the bitcoin trend is downwards a continuation cryptocurrency chart pattern signals that the btcusd trading market is taking a break before resuming the current downwards trend. The continuation pattern in a downward bitcoin trend is known as a falling wedge which signals that the bitcoin price is consolidation but keeps moving lower & lower forming a pattern that looks like a falling wedge. Bitcoin Traders should wait for a confirmation signal of the cryptocurrency pattern setup before opening a trade based on this bearish continuation cryptocurrency chart pattern. Once there is a bitcoin trading price breakout to the downside then the continuation cryptocurrency chart pattern is confirmed & bitcoin prices will then continue to move in direction of the current down-wards cryptocurrency market trend.

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What Happens in Bitcoin Trading after a Bullish Continuation Bitcoin Chart Pattern?