Technical analysis by iamHaDao about Symbol BTC: Buy recommendation (10/13/2024)

Chart pattern: Descending broadening wedgeCase 2: Formation of a descending broadening wedge after a peak-------------------+ In 79% of cases, the exit is bullish+ In 23% of cases, a descending broadening wedge occurs in a consolidation movement+ In 81% of cases, the pattern's price objective is achieved when the resistance line is broken+ In 40% of cases, the price makes a pullback in support on the descending broadening wedge’s resistance line