WEDGE PATTERNS-
Every Up-Down Cycle performs many different patterns in Trade market
There's 4-types of Wedge Patterns-
1- Rising Wedge
2- Falling Wedge
3- Ascending Broadening Wedge
4- Descending Broadening Wedge
When chart moves performing cycles into Down side of Wedge trends, like Falling Wedge & Descending Broadening Wedge, that means soon Market will be goes into Bullish Mode
When chart moves performing cycles into Up side of Wedge trends, like Rising Wedge & Ascending Broadening Wedge, that means soon Market will be goes into Bearish Mode
Conclusion-
Now, as per attached posted chart of $BTC , Into Bitcoin 1-hr cycle, it shows the Rising Wedge Pattern, it Mean's soon Market will be goes into BearishZone to retest their Lower-High marks.