Category: Pattern
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Analyst Sees ‘Most Beautiful’ Chart Pattern
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Once again, the popular cryptocurrency Dogecoin (DOGE) is making a comeback. Popular crypto analyst JD recently revealed his very positive view on DOGE, which has excited traders and investors. Related reading Based on what he described as one of the “most beautiful charts” he had seen in his long trading…
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Analyst Sees ‘Most Beautiful’ Chart Pattern
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Once again, the popular cryptocurrency Dogecoin (DOGE) is making a comeback. Popular crypto analyst JD recently revealed his very positive view on DOGE, which has excited traders and investors. Related reading Based on what he described as one of the “most beautiful charts” he had seen in his long trading…
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Lenders in holding pattern while everyone awaits spate of new data
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Article Content Government bond yields, which are driven by fixed mortgage rates, have risen 33 basis points in just a few weeks. Yet Canada’s most competitive mortgage lenders still have enough profit margins to justify lower fixed rates. In the past week alone, we’ve seen the five most popular fixed…
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Chart Art: AUD/USD Ascending Triangle Pattern
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Take a look at this classic chart pattern on the 4-hour time frame of the AUD/USD pair! Is the pair preparing for a breakout soon? Or are we about to see more consolidation? These are the near turning points I’m watching. AUD/USD currency pair on 4-hour chart Chart by TradingView…
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This Bitcoin Bullish Pattern Signals Rebound To $70,000 In Coming Days – Analyst
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Amidst the general pessimism currently surrounding the cryptocurrency and Bitcoin space, renowned cryptocurrency analyst and trader Dr. Proffitt has made a bold prediction that the cryptocurrency asset will rebound to the crucial $70,000 level in the coming days. Dr. Proffitt’s analysis, which has sparked optimism within the cryptocurrency community, is…
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Is a Double Bottom Pattern Emerging?
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Ethereum price fell again and retested the $3,365 support area. ETH could start a new surge towards $3,700 if it remains above $3,365. Ethereum is still holding the key support area of $3,365. The price is trading below the $3,550 level and the 100 hourly simple moving average. There is…
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GALA Forms Descending Triangle Pattern – Here Are Key Levels To watch
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price Gala games (expensive) The pair has been moving in a consolidation fashion for a while now, moving between $0.05288 and $0.03758, forming a descending triangle pattern in the process. GALA has been on a downtrend since it reached an all-time high of $0.08714, resulting in a decline of more…
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Chart Art: AUD/USD Reversal Chart Pattern Forming
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Is this a head and shoulders pattern on the 4-hour chart of the AUD/USD pair? Better be prepared in case the pair breaks below this neckline! How far do you think this Australian pair could fall? AUD/USD Forex 4 Hours Chart by TradingView The Australian dollar appears to be struggling…
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BNB Forms Bullish Flag Pattern On 1-Day Chart – What’s Next?
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After rising to reach an all-time high, Binance Coin (BNB) price has been in a consolidation zone. During this consolidation, BNB price was able to form a bullish triangle flag above the 100-day simple moving average (SMA) in the 1-day time frame. Currently, Binance coin price is moving between the…
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BNB Forms Bullish Flag Pattern On 1-Day Chart – What’s Next?
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After rising to reach an all-time high, Binance Coin (BNB) price has been in a consolidation zone. During this consolidation, BNB price was able to form a bullish triangle flag above the 100-day simple moving average (SMA) in the 1-day time frame. Currently, Binance coin price is moving between the…
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Solana Cup And Handle Pattern Means An At Least 90% Move Against Ethereum, Analyst Says
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Jan Hubel and Jan Allemanco-founders of on-chain analytics platform Glassnode, recently suggested this Solana (Sunday) It could make a big move to the upside for the Ethereum pair. They pointed to the potential rise in the price of Ethereum as another reason why SOL is likely to rise. Solana will…
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Chart Art: Descending Triangle Pattern on Gold (XAU/USD)
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Gold forms lower highs and finds support at $2,300, forming a descending triangle pattern on the 4-hour chart. Is he about to go back to the bottom soon? Take a look at the inflection points I’m seeing: Gold (XAU/USD) 1 hour Chart by TradingView Gold traders appear to be playing…