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This increasingly narrowing range comes off a wider downside consolidation move since the beginning of April, which has led to the creation of a triangle pattern on the 4-hour candlestick ...
In addition, the price action over the past week has formed a descending triangle pattern, with a clear downward trendline connecting the recent lower highs while finding support around the 2.07343 ...
Different kinds of continuation patterns include triangles, flags, pennants, and rectangles. Continuation patterns signal a pause in the prevailing trend, offering opportunities to re-enter or add ...
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Moreover, in addition to the purple uptrend line that represents potential support, a top line for a previous large symmetrical triangle pattern is also nearby. Despite the continued bearish ...
The ETH/USD chart shows a clear ascending triangle pattern on the 4-hour timeframe — a bullish reversal setup. On April 21, Ethereum briefly dipped below the triangle’s rising trendline ...
XRP finally broke the descending triangle pattern, which forecasted a 68% drop in our Ripple analysis last week. With support at $2.00 out of the way, sellers can push their agenda, inflicting ...
Simultaneously, it has also broken out of a Descending Triangle pattern, further validating the strength of the breakout. The breakout is supported by encouraging price action, with the stock ...