I've noticed that many beginners in trading miss one of the most reliable patterns on the chart. I'm talking about the bullish wedge, a pattern I regularly see before serious upward movements of BTC.

Here's what happens: the price begins to tighten, the upper and lower trend lines gradually converge, but both levels are moving upward. Volumes decrease, the amplitude of fluctuations diminishes, and the market seems to hold its breath. It doesn't look aggressive, but that's where the whole essence is hidden.

The bullish wedge signals that selling pressure is weakening, although buyers are also hesitant. But when the price breaks through the upper line of this wedge, everything changes. Usually, a sharp rise follows because market participants see this as a signal to enter long positions.

How do I trade such a pattern? First, I wait until it clearly forms on the chart, making sure the lines are indeed converging upward. Then I wait for a confident breakout of the upper line. This is important; you can't enter earlier. Usually, the breakout is accompanied by a volume spike, which is an additional confirmation of the signal.

I place the stop-loss below the last minimum inside the wedge to avoid catching noise. The bullish wedge offers a good probability of success if you correctly identify the pattern and wait for confirmation. This is one of those patterns I check first when analyzing BTC across different timeframes.