Wedge

The wedge pattern consists of two trend lines, one rising trend line and one falling trend line. These two trend lines will gradually converge. Taking the rising wedge as an example, the price may continue to hit new highs, but the momentum gradually weakens, and the distance between each new high and the previous high gradually decreases until it loses momentum and turns downward. Investors can sell when it falls below the lower trend line. If the price returns to the lower trend line, it is judged as a failed rising wedge and stop loss and exit.

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