Bitcoin price action is drawing renewed attention after analysts identified a recurring technical structure on the weekly ...
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 ...
A key price pattern has emerged on bitcoin’s BTC $108,033.92 price chart, hinting at a potential pullback ahead. The cryptocurrency has rallied from $60,000 to new record highs above $70,000 in less ...
-- Sell the BTC/USD pair and set a take-profit at 110,000. -- Add a stop-loss at 120,000. -- Timeline: 1-2 days. Bullish view -- Buy the BTC/USD pair and set a take-profit at 120,000. -- Add a ...
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 ...
A rising wedge pattern is developing on Ether’s daily chart versus Bitcoin, increasing the likelihood of a breakout move by New Year’s. One of the main reasons behind a potential ETH/BTC rally is its ...
Veteran trader Peter Brandt said Ethereum price could "moonshot" to new highs if it can break out of a congestion pattern. Veteran trader Peter Brandt suggests a potential Ethereum rally to ...
Very boring day so far.VideoTerms and TranscriptsEnding Diagonal: A technical chart pattern, resembling a rising wedge, typically signaling exhaustion of an uptrend and a potential reversal ...