The descending triangle is a chart pattern used in technical analysis. The pattern usually forms at the end of a downtrend but can also occur as a consolidation in an uptrend.

A triangle is a continuation pattern used in technical analysis that looks like a triangle on a price chart.

Continuing with the classic chart patterns, we will be discussing Triangles. There are three types of triangles - Ascending, Descending and Symmetrical Triangle. An Ascending Triangle is a bullish ...

It’s tracing out a descending triangle chart pattern, which usually resolves in a bearish move. If 3.70 on the nearest contract breaks, one more reason to play better defense.

Bitcoin price analysts suggest that a descending triangle pattern is forming like the one that broke down from $6K, but is this really the case?

Currently, XRP consolidates within a descending triangle, hinting at potential continuation or reversal, depending on the breakout direction.

USD/SGD continues to decline after the recent completion of the high Quality Descending Triangle chart pattern identified on the 4-hour charts.

The Bitcoin price action remains caught in a tug-of-war between bearish and bullish sentiment, with the cryptocurrency now forming a descending triangle pattern that has encountered significant ...