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Crypto · chart pattern

Rising wedge on NEAR Protocol

On NEAR Protocol the rising wedge showed up 51 times. The target came first 33% of the time, the stop 65%, and 2% went nowhere within 12 candles.

Counted on NEAR Protocol (NEAR/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
4-hour838%50%12%
Hourly4333%67%0%

NEAR Protocol against the rest

ChartsFoundTarget firstStop firstWent nowhere
NEAR Protocol5133%65%2%
All Crypto charts1,48741%54%6%
Every market2,17939%56%5%

Year by year

YearFoundTarget firstStop first
2021729%57%
20221225%75%
2023838%62%
2024540%60%
20251136%64%
2026838%62%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the rising wedge is

Price climbs inside two rising lines that squeeze together, then breaks down.

Imagine running up a path that keeps getting narrower, taking shorter and shorter steps. Sooner or later you slip. A rising wedge is price climbing between two rising lines that squeeze together, and here it slips out of the bottom.

The full rising wedge lesson, video and quiz ›

Other patterns on NEAR Protocol

Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Volume profile rejection · Volume profile bounce · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · all of them

The rising wedge elsewhere

Ethereum · Bitcoin · Solana · Litecoin · Chainlink · Uniswap · BNB · Cardano · Polkadot · Aave

Questions

How often does the rising wedge work on NEAR Protocol?

In 51 cases on NEAR Protocol, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 65%; 2% went nowhere within 12 candles.

What is the rising wedge?

Price climbs inside two rising lines that squeeze together, then breaks down.