📊 BTC/USDT - Falling Wedge Pattern Forming | 15M Chart | March 18–19, 2026
A Falling Wedge is forming on BTC/USDT right now and it's at 96.2% maturity with 69.8 confidence score.
What the chart shows:
→ Price ranging $70,500–$71,500 since March 18, 22:00
→ Resistance line sloping down from $73,500
→ Support line sloping down more gradually from $70,800
→ Two resistance touches, three support touches wedge tightening
→ Volume spike to 230M at 03:00 and 210M at 04:00 March 19
→ Pattern still FORMING at current price ~$70,600
A Falling Wedge is a well-known bullish continuation/reversal pattern. As the two converging trendlines compress price, a breakout typically occurs to the upside. The tighter the wedge, the closer the potential break.
Pattern detected by ChartScout.io AI chart pattern detection for crypto traders.