A descending channel is a chart pattern that indicates a downward trend in prices. It is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines.

One popular trend-defining pattern that ... formed by drawing parallel lines between the perceived support and resistance levels that an asset trades between on candlestick charts.

The daily time frame chart shows that Litecoin ... moving outside of the pattern. The Litecoin price is attempting to break ...

The SPY may be settling into a bull flag pattern on the daily chart, with the pole created between Feb. 24 and Feb. 25 and the flag formed over the days that followed. If the pattern plays out ...

A channel pattern is a combination of two lines that are parallel to each other and in combination, these two lines look like a channel when placed on the price chart. In the study of technical ...