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Triangle pattern trading is beneficial for both day traders and long-term investors. Learn more about this essential trading indicator.
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.
ETH/USD daily price chart featuring Ascending Triangle (black) and Cup & Handle (blue) pattern. Source: TradingView Thus, the price boom reflects moves equivalent by roughly 64%.
Bitcoin cash (BCH) has broken out of a triangle pattern against bitcoin, suggesting a potential bull run. The BCH/BTC ratio has surpassed the 200-day simple moving average.