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 ...

What Happened: Brandt has said that Bitcoin appears to be forming an inverted expanding triangle pattern on its weekly chart.This pattern, also known as a megaphone, can indicate either a bullish ...

"BTC displays what is known as an inverted or expanding triangle," Brandt added. A triangle is a chart pattern depicted by trendlines along a converging price range, indicating a pause in the ...

Nevertheless, each is a consolidation pattern. The expanding triangle can be either a continuation or reversal pattern. Top of Triangle Provides Possible Initial Target Following New Highs.

Crude oil faces resistance amidst a consolidation phase, with an expanding triangle pattern and potential for an upside breakout once the consolidation is complete. Crude oil remains stuck in a ...

Meta has developed a triangle pattern on the daily chart, making a series of lower highs and higher lows. The stock is set to meet the apex of the pattern on Jan. 5. Get the Strategy to Trade Pre ...