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 ...

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 a tool used in ...

XRP is forming a descending triangle, a pattern that’s historically bearish over half the time. A breakdown below $1.80–$2.00 support could trigger a drop toward the $1 realized price level. Despite ...

USDJPY should target the upper boundary of resistance at ~113.389. A break below 110.708 implies bearish advance in the USDJPY. Lack of further bullish momentum at 113.389 could result in a sell off ...

Correction Targets $1.90 Support Zone for Potential Reversal. Breakout Above $2.28 Signals Renewed Bullish Momentum. Volume ...

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.

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, ...