Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...
Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
ETH dropped below a key support in its USD/BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal. The cryptocurrency market was hit with another round of ...
Bitcoin (BTC) charged above $69,000 on Friday as US CPI data showed cooling inflation, leading traders to hope for a short-term BTC price recovery. Key takeaways: Bitcoin price must take out ...
When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...
The two lines of the Percentage Price Oscillator (PPO) have made a bullish crossover, while the Relative Strength Index (RSI) has moved from the oversold level of 25 to the current 40. It is now ...
SHIB’s 30% gain initiates a bullish reversal pattern and rumors of a major exchange listing and other developments have investors playing catch with the canine-themed meme coin. Shiba Inu (SHIB) seems ...
Cardano price correction could rebound from wedge pattern breakout despite whale selling and declining OI value.
The ongoing correction in ONDO price is poised for a bullish breakout as buyers intend its complete reversal pattern amid ETF ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
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