Avalanche (AVAX) has deviated above the $48 resistance. The price trades inside a descending triangle pattern. Will AVAX break out or break down from this bearish pattern? Avalanche delivered five ...
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 ...
After a 12% weekly uptick, SHIB broke above a descending triangle, signaling potential bullish momentum. Despite the breakout, the Money Flow Index (MFI) remains below 50, suggesting weak buying ...
If understood and applied correctly, technical analysis will lead to profits. 'Ascending' and 'Descending Triangles' tend to be reliable patterns From tariffs to inflation, macro risks are rising—Matt ...
The Bitcoin price action remains caught in a tug-of-war between bearish and bullish sentiment, with the cryptocurrency now forming a descending triangle pattern that has encountered significant ...
HBAR price hangs near a critical breakdown level. One bullish signal is holding the floor as downside risk grows fast.
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The key story Tuesday morning centers around BTC/USD — representing bitcoin's dollar-denominated price — and ...