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. The rising wedge pattern can ...

Bitcoin transaction count dipped to the lowest despite increased bullish market signals. Bitcoin’s [BTC] transaction activity ...

Key Takeaways Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue ...

JasmyCoin (JASMY), at press time, was forming a falling wedge pattern on the daily timeframe – A structure often associated with bullish reversals. In fact, the wedge featured a descending resistance ...

"Bearish momentum shows signs of fading while RSI rose. Rebound risks likely but price pattern resembles a rising wedge (which can be associated with a bearish reversal). Resistance here around 1. ...

XRP/USD is trading within a rising wedge pattern, a technical formation often associated with bearish outcomes. The setup is defined by two converging trendlines, with the upper trendline ...

Shares in the nuclear power company tumbled after the success of Chinese startup DeepSeek's AI model led investors to ...

BNB eyes a breakout to $600, while ADA faces bearish risks with a potential drop to $0.25-0.30 in 2024 due to its rising wedge pattern. XRP could jump 20% toward $0.65, driven by its ascending ...

The stock's projected open on Friday sets the stage for a possible retest of a rising wedge pattern's lower trendline ... creating a bearish divergence between the price and indicator, a technical ...

The stock has trended higher within an eight-month rising wedge ... below the pattern's lower trendline during Monday's selloff in a move that could trigger short-term bearish sentiment.