As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...
Trading in SoFi Technologies, Inc. (NASDAQ:SOFI) is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish ...
IBM shares soared Thursday after the computing giant posted better-than-expected fourth-quarter earnings, boosted by the ...
The Russell 2000 ( IWM) successfully tested its 20-day MA and is holding to its breakout. It’s looking technically vulnerable with a ’sell’ trigger in the MACD, but it’s also outperforming peer ...
Overview of the Current Bitcoin Market The Bitcoin (BTC/USD) price has remained remarkably resilient, holding firm above the critical psychological support l ...
Ethereum’s native token ether ETH $2,941.33 may have found a path to a new record high of $5,200 after breaking out an “ascending triangle” price pattern, according to technical analysis by Kraken OTC ...
The ascending triangle is characterized by horizontal upper-bound resistance or supply point that repeatedly caps gains and an upward-sloping support line. Ether has faced resistance at $2,735 ...
LINK's price is nearing an ascending triangle breakout scenario in December with bullish on-chain indicators strengthening the upside case. LINK's price has been consolidating inside what appears to ...
As bullish chart patterns go, the ascending triangle is a good one. Unlike the downward wedge, where a stock that’s trending down is hypothetically approaching a breakout, an ascending triangle ...
See Figure 1 below. An ascending triangle is defined by higher lows and equal highs. Figure 1: Ethereum’s daily price action since 2015. In this case, we must go back to the ~$110 low from 2020. It ...