The rising wedge and ascending triangle patterns are essential tools that assist the traders in making informed decisions; they help predict the price fluctuations that are integral to any financial ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers 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 ...
XRP, the world’s third-largest cryptocurrency, has entered a critical phase. After its powerful rally above $3.50 in July, price action has narrowed into a symmetrical triangle, signaling a standoff ...
That's because the BCH/BTC trading pair listed on Bitstamp has jumped out of a triangle pattern identified by series of descending intraday price highs and ascending price lows, both representing a ...
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 ...
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 ...
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 ...
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