fbpx
1 = $ 0000.00 | € 0000.00 | £ 0000.00 | Trade Bitcoin Here!

Rising Wedge

A rising wedge, also known as an ascending wedge, is a bearish continuation chart pattern that slants upwards against a prevailing downtrend, creating a wedge with a wider start that narrows as time goes on. Generally lasting no more than three weeks, once the wedge contracts enough price resumes its downward trend.

Share this article:
Close Menu