The descending triangle is a chart pattern used in technical analysis. The pattern usually forms at the end of a downtrend but can also occur as a consolidation in an uptrend.

A triangle is a continuation pattern used in technical analysis that looks like a triangle on a price chart.

This therefore means that a bullish breakout from a descending triangle cannot be ruled out, and in fact a bullish resolution of the pattern (i.e. chart pattern failure) can result in very ...

It’s tracing out a descending triangle chart pattern, which usually resolves in a bearish move. If 3.70 on the nearest contract breaks, one more reason to play better defense.

Currently, XRP consolidates within a descending triangle, hinting at potential continuation or reversal, depending on the breakout direction.

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 ...

XRP descending triangle hints at a 41% price drop XRP’s price action has been forming a descending triangle pattern on its daily chart since its late 2024 rally, characterized by a flat support ...

Shiba Inu Whales Snap Up 10T SHIB, Prices Chalk Out Descending Triangle Pattern SHIB's price bounced 17% from a 16-month low, with the broader crypto market stabilizing after initial reactions to ...