Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
XRP’s (XRP) price may reach $2.80 by month’s end, according to several bullish technical setups on multiple time frames. Key ...
Bitcoin's chart might look like it's lining up for another leg higher, but seasoned traders aren't buying it—yet. While falling wedges are traditionally bullish patterns, respected chartist Xanrox is ...
A key price pattern has emerged on bitcoin’s BTC $108,033.92 price chart, hinting at a potential pullback ahead. The cryptocurrency has rallied from $60,000 to new record highs above $70,000 in less ...
Veteran trader Peter Brandt predicts Bitcoin could fall 33-37% to $58,000-$62,000 from current $92,400 levels based on a ...
Cardano price steadies on Monday after closing above the falling wedge pattern, a move that favors bulls. The derivatives market supports a positive outlook, as open interest and long bets are rising ...
XRP’s short-term technicals show signs of upside exhaustion, with some patterns pointing to a drop under $2. XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94.
-- Sell the GBP/USD pair and set a take-profit at 1.3150. -- Add a stop-loss at 1.3325. -- Timeline: 1-2 days. Bullish view -- Set a buy-stop at 1.3275 and a take-profit at 1.3350. -- Add a stop-loss ...
XRP traders say it has the potential to rebound to $3.40 as the SEC begins a formal review of WisdomTree’s spot XRP ETF application. XRP’s falling wedge pattern signals a bullish reversal; 48% price ...