Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.
Apple shares rose Friday morning after the company reported better-than-expected earnings and said customers are increasingly ...
Solana now risks a 40% drop against Ethereum, with the breakdown of a multi-month rising wedge pattern dampening near-term Solana price forecasts. This shift comes despite Solana’s 13% gain in May, ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Vistra shares tumbled Monday after the success of Chinese startup DeepSeek's AI model led ...
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 ...
XRP’s short-term technicals show signs of upside exhaustion, with some patterns pointing to a drop under $2. XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94.
-- Sell the GBP/USD pair and set a take-profit at 1.3150. -- Add a stop-loss at 1.3325. -- Timeline: 1-2 days. Bullish view -- Set a buy-stop at 1.3275 and a take-profit at 1.3350. -- Add a stop-loss ...
Mega-cap tech stocks have led the market, but VGT's heavy concentration in Apple, Microsoft, and NVIDIA poses risks if their charts turn bearish. VGT is not a diversified fund; nearly 60% of its ...
Pepe (PEPE) coin’s price has dropped by approximately 35% two weeks after establishing a record high of $0.00001725. Nonetheless, a slew of technical, on-chain, and fundamental signals show a ...
US indices just concluded a decent month after a scary monthly open, with the Dow Jones up 3.44% in August. With the pricing of rate cuts still subject to change, markets are still expecting some ...
DOGE whales are selling amid declining open interest and network activity, suggesting that Dogecoin’s price may continue to fall to as low as $0.12. Dogecoin whales offload large volumes of DOGE, ...
Vistra shares tumbled Monday after the success of Chinese startup DeepSeek's AI model led investors to question whether AI will require the huge amounts of computing power and electricity once ...