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He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in technical analysis. Named for its resemblance to a series of triangles ...
Brandt identified a rising wedge formation on the chart—a pattern often considered bearish. However, he suggested that a breakout above this pattern could propel Ethereum’s price toward the ...
With the increasing short interest in GME (which, granted, could ultimately set the stock up for a squeeze as well), combined with the inverted flag pattern on both the daily and the 4-hour chart ...
The swing in MicroStrategy's stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play's ...
The pattern reflects trader psychology: early buyers take profits, causing a slight dip, while new buyers wait for confirmation to jump in. This creates a visual “J” on the chart—a curved ...
The trading pattern has settled AMC into an inside bar pattern on the daily chart. An inside bar pattern indicates a period of consolidation and is usually followed by a continuation move in the ...
GBTC jumped to a six-month high of $13.54 Wednesday, testing the neckline resistance of the reverse head-and-shoulders pattern on the daily chart. A close above the neckline hurdle would confirm ...
Brandt identified a rising wedge formation on the chart—a pattern often considered bearish. Ethereum analysis by Peter Brandt. Source: X.com However, he suggested that a breakout above this ...