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General TradingR
Rising Wedge
A bearish chart pattern formed by two converging upward-sloping trendlines, where price makes higher highs and higher lows but with diminishing momentum. It typically signals a potential reversal to the downside.
Example
“ETH formed a rising wedge over six weeks with shrinking volume, and when price broke below the lower trendline at $3,400, it cascaded down to $2,900 within days.”