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 ...
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 ...
One of these complex yet beneficial techniques is the triangle. As a continuation pattern, the triangle is used to analyze ongoing market trends. This ubiquitous shape appears when there is indecision ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...
XRP forms a bearish descending triangle on the daily chart, risking a 45% drop to $1.20. Declining daily active addresses signal reduced transaction activity and liquidity. A breakout above $2.18 ...
XRP price traded 11% below its value a week ago, and a convergence of several data points signals a deeper correction toward $1.55. XRP descending triangle hints at a 45% price drop The XRP (XRP) ...
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 ...
The XRP (XRP) price flashes warning signs as a bearish technical pattern emerges on its daily chart, coinciding with declining network activity. The XRP price chart has been forming a descending ...
Salesforce stock price remained under intense pressure in November as concerns about the company's AI business continued.