The double bottom is a bullish chart pattern that is formed by two consecutive troughs at approximately the same price level, separated by a peak. This pattern is created when the price of an asset ...
The falling wedge is a bullish chart pattern that is formed by a downward sloping support level and an downward sloping resistance level that converges. This pattern is created when the price of an ...
Ethereum's native token Ether (ETH) has rallied by more than 415% this year to over $3,800, and two major bullish patterns developing on its charts highlight the scope for another upside move, ...
Silver price is still probably forming a Bear Flag pattern on the 4-hour chart. The pattern indicates a probable continuation of the bearish trend to targets substantially lower. Support from a ...
In technical analysis, traders interpret the head and shoulders formation as a strong sign that a trend reversal is in process. Traders tend to focus too much on timing the right entry to a trade, but ...
Silver price may have formed a Bear Flag pattern on the 4-hour chart. The pattern suggests a continuation of the bearish trend to targets substantially lower. Support from a relic of long-term support ...
Pi Coin (PI) is down 5.3% in the past 24 hours, erasing most of its seven-day gains. The token continues to trade sideways inside a broader downtrend. However, a bullish setup may be forming on the ...
Bitcoin's 14-month bear market has ended up creating a similar price pattern to one that paved the way for a bull run in 2015. Updated Sep 13, 2021, 9:00 a.m. Published Mar 21, 2019, 11:20 a.m.
Forbes contributors publish independent expert analyses and insights. John Navin is a Colorado-based journalist who writes about stocks. You don't need an algorithm to identify the classic chart ...