This article also covers how to discern whether the rising wedge pattern is a bearish wedge that suggests the continuation of the former downtrend or a bullish wedge that indicates an upside ...

Wedges can either form in the rising or falling direction. A rising wedge is often considered a bearish chart pattern, meaning it indicates a breakout to the downside. What Does a Rising Wedge ...

Bitcoin (BTC) traders still see new all-time highs and even $270,000 this bull market. The latest BTC price forecasts from ...

It formed a rising wedge chart pattern, which often leads to a strong bearish breakdown. The pair has formed a bearish divergence as the MACD and the Relative Strength Index (RSI) have moved ...

The GBP/USD exchange rate jumped to its 1.3630 this week, its highest level since February 2022 as the US dollar index (DXY) ...

Bitcoin (BTC) trades near $110,700 resistance as analysts expect either a breakout rally or wedge-driven pullback soon.

In this case, the rising wedge follows a sharp decline from around $106,000 earlier in March to below $80,000, making it a textbook bearish continuation pattern. BTC/USD daily price chart.

Silver falls 1.2% to $33.69 as short-term chart hints at bearish wedge despite intact uptrend. RSI still bullish but showing signs of fading momentum as sellers start to pressure price action.