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 ...
VivoPower's $19M investment in XRP treasury strategy coincides with XRP price testing critical resistance that could trigger ...
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 ...
Twitter is bearish, abuzz with chatter of a descending triangle that is forming on the Bitcoin (BTC) chart and with comparisons to the descending triangle that broke down in 2018 at $6,000. Twitter is ...
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.
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 ...
XRP’s price is eyeing a breakout from a classic chart pattern in the near future after Ripple acquired its first-ever license in the Middle East. XRP (XRP) has been consolidating inside a descending ...