OPOptimism
1HFalling wedge · 6 touchesBreakout
$0.1118+0.21%
Two falling, converging trendlines with the upper one steeper; completes on a close above the upper line.
The falling wedge is the bullish mirror of the rising wedge: selling pressure fades as the lows fall more slowly than the highs.
Many falling wedges end in a breakdown instead; only the breakout above the upper line is listed.