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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 ...
For example, a symmetrical triangle pattern might start at a low of $10 and increase to $15 before the price range narrows over time. A breakout from $12 would imply a price target of $17 ($15 ...
XRP gained 4% to $3.51 after breaking a six-year triangle pattern as Congress advanced crypto legislation and ProShares launched an XRP ETF.
XRP has been consolidating within the pattern shown below, characterized by two converging trend lines that suggest a buildup of momentum. Technical analysis from well-followed X user @DefendDark ...
The triangle pattern is likely consolidation of the uptrend from 1204.77, another rise could be expected after the consolidation. On the upside There is a bullish trend line from 1204.77 to 1251. ...
From cityindex.com The ascending triangle pattern is a chart formation that forms after an uptrend. In an ascending triangle, the bull run stalls – but as a continuation pattern, it signals that the ...
PEPE surged over 200% to $0.000025 by November 14. The symmetrical triangle suggests a potential breakout direction soon. Upside targets $0.000028; downside risks $0.000014 crash. PEPE has been on ...
If the integrity of the AB=CD pattern is maintained, natural gas should not drop below the most recent swing low of 2.14. If that occurs a test of the bottom range of the expanding triangle could ...
This article is more than 9 years old. The stock market has been in a holding pattern for three weeks after the S&P 500’s precipitous plunge from 2,100 to where it closed on Monday at 1,953.