Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is used in technical ...
What Is a Descending Triangle? A descending triangle is a technical analysis chart pattern that indicates a continuation of a downtrend or a consolidation phase within an uptrend. Recognizable by a ...
The Bitcoin price action remains caught in a tug-of-war between bearish and bullish sentiment, with the cryptocurrency now forming a descending triangle pattern that has encountered significant ...
In prior posts we’ve noted copper is key to divine where the Chinese and global economy are headed. It was down almost 2 percent today and at key short-term support and its 200-day moving average.
Correction Targets $1.90 Support Zone for Potential Reversal. Breakout Above $2.28 Signals Renewed Bullish Momentum. Volume Confirmation Critical for Validating Directional Breakout. XRP has entered a ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Bearish signals from declining open interest and negative funding rates suggest a potential deeper correction for XRP price. XRP’s descending triangle pattern targets $1.18. Binance XRP/USDT ...
As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...
Shiba inu (SHIB) whales went bargain hunting early this week after prices dropped to a 16-month low of $0.00001005. According to CoinDesk's AI research, whales purchased 10.4 trillion SHIB tokens, ...