What Is a Descending Triangle? A descending triangle is a technical analysis chart pattern that indicates a continuation of a downtrend or a consolidation phase within an uptrend. Recognizable by a ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...
Correction Targets $1.90 Support Zone for Potential Reversal. Breakout Above $2.28 Signals Renewed Bullish Momentum. Volume Confirmation Critical for Validating Directional Breakout. XRP has entered a ...
In prior posts we’ve noted copper is key to divine where the Chinese and global economy are headed. It was down almost 2 percent today and at key short-term support and its 200-day moving average.
USDJPY should target the upper boundary of resistance at ~113.389. A break below 110.708 implies bearish advance in the USDJPY. Lack of further bullish momentum at 113.389 could result in a sell off ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Bearish signals from declining open interest and negative funding rates suggest a potential deeper correction for XRP price. XRP’s descending triangle pattern targets $1.18. Binance XRP/USDT ...
SHIB $0.0₅9074 whales went bargain hunting early this week after prices dropped to a 16-month low of $0.00001005. According to CoinDesk's AI research, whales purchased 10.4 trillion SHIB tokens, worth ...
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