Bearish Signals and the Rise of Crypto Payroll Solutions
With the crypto market in a downward spiral, it seems like nobody is really out of the woods. Bearish signals have been popping up left and right, and we have to wonder if this is the time to dive into crypto payroll solutions or back off completely. If you’re wondering what I’m talking about, I’m sure you’ve seen the rising wedge formations that are now popping up everywhere. This technical analysis pattern is typically an indicator of a weakening bullish trend and can often lead to a sharp downward movement.
The Rising Wedge: A Double-Edged Sword
The rising wedge pattern is formed when the price of an asset moves upward between two converging trend lines. Sounds like a recipe for disaster, right? It usually means buyers are…