As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...
Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...
Markets don't reverse quietly. They usually leave small clues long before the headlines catch up: a change in momentum, a slowdown in selling, a shift in volatility, or simply a chart pattern that ...
Bitcoin's chart might look like it's lining up for another leg higher, but seasoned traders aren't buying it—yet. While falling wedges are traditionally bullish patterns, respected chartist Xanrox is ...
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 ...
Cronos holds above $0.10 psychological level, nearing the apex of a falling wedge pattern. Derivatives data suggests a risk-on sentiment surge among CRO traders, as Open Interest and funding rates ...
The bullish outlook emerges from classic technical indicators on ETH/USD and ETH/BTC charts. For instance, ETH/USD has been forming a "falling wedge" pattern with a profit target sitting around 30% ...
ZEC has been sliding since its $720 peak this month, compressing into a falling wedge on the 4-hour chart with an apex near $436. A breakout above the wedge’s upper trendline could trigger a relief ...
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