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 ...

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 used in technical ...

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.

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 ...

XRP is forming a descending triangle, a pattern that’s historically bearish over half the time. A breakdown below $1.80–$2.00 support could trigger a drop toward the $1 realized price level. Despite ...

A continuation pattern has formed on the silver charts setting up a breakout play to the upside. The 4-hour chart displays a triangle chart pattern with the ascending leg beginning on the 3rd of ...

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 ...

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 ...

A recent triangle pattern breakout points to new highs amid fresh retail liquidity, but stacking catalysts for demand could push the Cardano price outlook even further. The altcoin has surged 10% on ...