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How to trade an ascending triangle pattern? The ascending triangle has a widely-tracked measuring technique that could help traders identify their profit targets following a breakout or breakdown.
Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.
Ether’s weekly chart shows an ascending triangle breakout. The triangle pattern presents an upside target of $5,200, according to technical analysis by Kraken OTC.
XRP, the token closely related to Ripple Labs, is showing signs of a potential breakout as its price chart forms a symmetrical triangle pattern alongside other bullish technical indicators. XRP ...
From the daily timeframe, the key technical observation, particularly for chart pattern enthusiasts, is the ascending triangle pattern formed between $34,758 and $37,999 in a market trending higher.
Fresh weakness broke below the triangle’s lower boundary ($3360) shifting near term focus lower, with close below triangle support line to validate bearish signal.
Silver keeps posting lower highs since peaking at $33.70 last week Recent price action is forming a triangle pattern, a bearish sign. XAG/USD: Below the $32.60-3270 support, the next targets are ...