Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
Zcash price remains compressed as whale buying, weak sentiment, and Bitcoin correlation delay a breakout above $561.
Zcash price is at a critical junction as selling pressure clashes with triangle consolidation, setting up a potential ...
Natural gas trades around $3.10, holding key support amid a multi-month symmetrical triangle pattern. RSI and EMAs suggest weak momentum, while strong EU storage and soft Asian demand weigh on the ...
Ethereum price has pushed higher as ETF inflows, rising network activity, and easing macro pressure lifted sentiment this ...
Natural gas reverses higher on Friday, following an initial breakdown from a symmetrical triangle consolidation pattern yesterday. The reversal triggered an upside breakout of the triangle with an ...
Consolidation in a symmetrical triangle indicates a potential breakout soon. The final leg in wave E suggests an imminent trend direction. RSI signals indecision ...
XRP trades at $2.64, approaching the apex of a long-standing triangle formation. Momentum and outflow data suggest tightening supply and growing accumulation. A breakout above $2.73 could target $3.00 ...
Bitcoin (BTC) has surged by over 60% year-to-date as of May 2024, helped by capital inflows toward its newly-introduced exchange-traded funds (ETF) in the U.S. and expectations of interest rate cuts ...
Ethereum (ETH) has gone up by 5% in the past 7 days and it is currently the best-performing token of the top 5 during this period as it nears the $4,000 area. This favors a bullish Ethereum price ...
XRP analysts remain confident of a bullish continuation with short-term targets around $4 and $20 for cycle tops. XRP’s macro outlook remains bullish, with technical scenarios projecting a cycle top ...
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 ...