XLM Falling Wedge
XLM falling wedge appearing
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. So, it should breakout to the top.
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. So, it should breakout to the top.
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