I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down ...
Morgan Stanley projects that the bullish rectangle pattern has upside potential that could reach the high posted this year at 2.90, with 2.30 serving as a pivotal level in the current trading range.
Solana is showing early signs of a potential recovery after forming a classic “W” pattern on its 12-hour chart. This bullish structure has emerged following November’s sharp decline, and a confirmed ...
Stellar (XLM) follows a descending resistance trend line. The XLM price has created a bullish double bottom pattern. Can XLM confirm its pattern and break out to new highs? While Stellar (XLM) has ...
However, with the RSI and the MACD fluctuating in the bullish area despite their sideways trajectory, hopes for an upward breakout remain alive ahead of the all-important US nonfarm payrolls.
Dogecoin (DOGE) bounced at a long-term support trend line. Dogecoin has created a short-term bullish double-bottom pattern. Can DOGE sustain its momentum and break out above resistance? Dogecoin's ...
A failed breakdown and bullish hikkake pattern suggest natural gas may be reversing higher, with key resistance levels and Fibonacci targets coming into play. Natural gas pulled back to retest support ...
Could a single candlestick pattern signal a dramatic shift in Palantir Technologies Inc.‘s (NASDAQ:PLTR) market momentum? While many dismiss technical analysis as mere chart-watching, a surprising ...