List of Flash News about volume confirmation
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04:28 |
Bitcoin (BTC) Falling Wedge Breakout Attempt: 3 Confirmation Signals Traders Are Watching Now
According to @rovercrc, Bitcoin (BTC) is attempting a falling wedge breakout based on a chart shared on X on September 2, 2025, signaling a potential bullish reversal setup traders are tracking, source: Crypto Rover on X (Sep 2, 2025). Standard technical analysis treats a falling wedge breakout as higher probability when price closes decisively above the wedge resistance with expanding volume, source: StockCharts ChartSchool. Traders often seek confirmation via a higher timeframe close (4H/D) above trendline resistance and a volume spike to reduce false-break risk, source: Investopedia. A common profit target method measures the height of the wedge’s back and projects it from the breakout point, while invalidation typically occurs if price falls back into the wedge or under the recent swing low, source: StockCharts ChartSchool. Given the setup’s bullish bias, momentum traders may monitor BTC spot and perpetuals for follow-through and retest-hold behavior at the broken trendline before entries, source: Investopedia. |