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 ...
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 ...
AVAX technical analysis reveals Elliott Wave structure targeting $147 by 2027. CryptoPatel identifies Wave 2 recovery phase ...
DEEP has clearly broken above its multi-month descending channel on the daily timeframe. The breakout above the upper ...
Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test ...
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 ...
Oil is starting to do something it has not done for months. It is holding above the descending channel and 50-EMA band, it is doing so without any drama. Both UKOIL (Brent) and USOIL (WTI) have pushed ...