Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair. In the past week, altcoins prices received a ...
Crude oil has flipped from channel-bound weakness to clear breakout footing with the 50-day average now the immediate hurdle. A daily close above $60.06 and sustained hold above the 50-day confirms ...
Silver held near Monday’s $64.17 high with buyers in control, consolidating tightly after the channel breakout while the rising 10-day average approaches the former top line—setting up a potential new ...
A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...
The 20-EMA currently sits at $0.262 and continues to act as dynamic support, while the 50-EMA and 100-EMA at $0.246 and $0.229, respectively, offer additional downside buffers. Momentum indicators ...