When the rising wedge acts as a reversal pattern, it suggests that the buying momentum is waning despite higher highs and higher lows. Rising Wedge as a Continuation Pattern The rising wedge ...
The cryptocurrency has rallied from $60,000 to new record highs above $70,000 in less than two weeks. The ascent has taken the shape of a “rising wedge,” which is a bearish pattern ...
Rebound risks likely but price pattern ... rising wedge (which can be associated with a bearish reversal). Resistance here around 1.3520/40 levels (50 DMA, 23.6% fibo retracement of Sep low to Jan ...
The stock looks set to continue its upward momentum after finding support near the lower trendline of a rising wedge pattern ... study indicates a potential high of $350 before a consolidation ...
The stock has trended higher within an eight-month rising wedge, but staged a dramatic breakdown below the pattern's lower trendline during Monday's selloff in a move that could trigger short-term ...
XRP risks a 20% decline from its rising wedge ... the pattern and pave the way for further upside. Adding to the bullish case, ADA is trading within an ascending channel defined by higher highs ...
The stock broke down from a rising wedge ... high. Selling below this level could see the shares retrace to around $59, a location where investors may seek entry points below a pennant pattern ...
A review of the daily chart suggests that the magnitude of price movement within the rising wedge pattern is decreasing ... recent strong gains to a record high touched on Monday.