Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair. In the past week, altcoins prices received a ...
Natural gas spiked higher today with an opening gap before breaking out of the top of a rising trend channel. Resistance was seen at the day’s high of 3.64, leading to a retracement. The gap took ...
The 20-EMA currently sits at $0.262 and continues to act as dynamic support, while the 50-EMA and 100-EMA at $0.246 and $0.229, respectively, offer additional downside buffers. Momentum indicators ...
Gold broke out to the upside on Thursday, reclaiming the 50-Day MA above 2,343 and triggering a breakout of the downtrend line. A subsequent daily close above each will confirm strength of the ...
If you've ever wondered how to make sense of the ups and downs in the forex market, here's a clue: breakout patterns. Think of them as signs that tell you when the currency price might go up, keep ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...