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 ...
Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. As the name indicates, an ascending triangle on a ...
Trading in Occidental Petroleum Corporation (NYSE:OXY) is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it. A classic ascending triangle pattern has formed on ...
Natural gas price could be bottoming out, with a bull trend continuation signal confirmed. Developing patterns are being watched, and a significant upside target is possible. The technical ...
Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
Trading in SoFi Technologies, Inc. SOFI is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish pattern ...
XRP surged 12% in the past 24 hours to lead gains among crypto majors, beating bitcoin BTC $111,636.48 and the broader CoinDesk 20 (CD20) index. The token added 5% since the start of Asian trading ...
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 ...