Rising Wedge Pattern: How to Identify a Selling Opportunity
Oct 6, 2021
13 min read
Due to its straightforward entry and exit guidelines, the rising wedge pattern is a favorite chart formation of many technical crypto traders. The rising wedge can alert traders to an upcoming top and reverse prices, as the pattern contains a distinct formation.
The rising wedge carves on all chart time frames and can develop quickly, making it difficult to spot in real-time. We’ll guide you through what the pattern looks like and how to use it for generating sell signals.