Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Trading in SoFi Technologies, Inc. (NASDAQ:SOFI) is quiet on Tuesday. But the stock may be on the verge of a breakout. A classic ascending triangle pattern has formed on the chart. This is a bullish ...
Market analyst "CobraVanguard" asserts that Dogecoin may be on the brink of a major rally. Amid macroeconomic headwinds in ...
Trading in Occidental Petroleum Corporation (NYSE:OXY) is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it. A classic ascending triangle pattern has formed on ...
XLM eyes a 35% breakout toward $0.63 as it tests an ascending triangle resistance. A strong historical correlation with XRP suggests that XLM may continue rallying. Stellar (XLM) looks set for a 35% ...
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 ...
Bitcoin could not hold on to the recovery attempts during the past week, signaling selling by the bears at higher levels. Although buyers failed to push the price above $100,000, they have not ceded ...
At the centre of the story is the monthly MACD histogram, a widely tracked momentum indicator that has been persistently bearish, pointing to a decline in the yield since December 2023. Yet, contrary ...