Ethereum tests critical support at $1,943 within multi-year channel. Analysts project $7K target if support holds amid binary setup.
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
The SPY is trading in a long-term rising channel pattern and on Wednesday was bouncing up from the lower trend line. The pattern is considered to be bullish unless a stock or ETF breaks down from the ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
USD/JPY tests the immediate support at the nine-day EMA of 154.85. The 14-day Relative Strength Index near 46 suggests neutral conditions and stabilizing momentum. The primary resistance lies at the ...
A bullish technical analysis pattern and the potential approval of the EIP-1559 proposal could back MATIC’s attempt to rally to a new all-time high. Polygon prices look poised to rise by at least 30% ...
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