Falling Wedge

DeFi

A falling wedge, or descending wedge, is a chart pattern that slopes downward and suggests a potential price increase. Unlike symmetrical triangles, which have no clear direction, falling wedges indicate a bullish trend.

Definition
A falling wedge, or descending wedge, is a chart pattern that slopes downward and suggests a potential price increase. Unlike symmetrical triangles, which have no clear direction, falling wedges indicate a bullish trend.