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 ...
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 ...
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 ...
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 ...
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 ...
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.
SHIB $0.0₄1224 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, worth ...
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