Algorand (ALGO) is consolidating in a symmetrical triangle, with rising MVRV scores, institutional support, and low ...
Long AVB: bullish symmetrical triangle breakout signals upside amid strong earnings and technical momentum ...
In the previous BTC-USD market analysis, we discussed a macro pattern forming, called a “symmetrical triangle.” A symmetrical triangle (shown in red) is a directionally agnostic consolidation pattern.
This is still a long way away, but there is even a possibility that bitcoin will test the $5,000 range as this is the price target for the macro symmetrical triangle consolidation. The pattern shown ...
Key Takeaways Gold price surged to a fresh record past $2,900 Monday as President Trump announced 25% tariffs on steel and ...
The symmetrical triangle breakout indicates a strong technical foundation for further price advances. Adding weight to the bullish case, gold prices currently trade above the 20, 50, and 100-day ...
Related Reading: Chainlink Forms A Daily Bullish Pattern – Top Analyst ... Runefelt highlights that ETH is forming a symmetrical triangle pattern on the 1-hour timeframe—a setup that typically ...
XRP, ADA, and BNB have invalidated their bullish symmetrical triangle setups, signaling further downside risks. XRP dropped to its 200-EMA ($2.72), with ADA and BNB likely to follow similar ...