When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...
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 ...
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 ...
Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...
Zcash (ZEC) jumped 500% in October, defying a broad crypto slump and reaching its best performance since 2018. The daily chart shows a rising wedge pattern targeting $450, but a breakdown could drag ...
As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...