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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 ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below ...
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 ...
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Ethereum chart pattern supports 'moon shot' rally to new price highs if confirmed — Trader
Ethereum’s native token Ether (ETH) opened its weekly candle at $1,807 on May 7, and now it is close to recording its highest 7-day returns of 38% since December 2020. Ether also surpassed its ...
Shiba Inu SHIB/USD was trading mostly flat during Wednesday’s 24-hour trading session, trailing Dogecoin DOGE/USD, which was attempting to break higher. Both Shiba Inu-themed cryptos are trading in ...
XRP has dropped nearly 22% from its recent highs, but analysts eye a potential rise to $5 boosted by ETF approval hopes.
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