You would like to see the breakout be at least a half percent, if not a full percent, above the breakout level. Since 2075 was the trend line I'd like a minimal close at 2085, if not 2095, to feel ...
Discover how Andrews' Pitchfork helps traders identify trends, support, and resistance with three parallel trendlines. Learn its calculation and application in trading.
Litecoin (LTC) trades inside an ascending parallel channel. The price broke out from a descending resistance trend line. Can Litecoin sustain its increase and move above $100? Litecoin started 2025 ...
Trend lines are an important tool in technical analysis for both trend identification and confirmation. One of the basic tenets put forth by Charles Dow in the Dow Theory is that stock prices move in ...
Chainlink (LINK) is trading inside a descending wedge pattern. The LINK price has bounced nearly 20% since its Jan. 13 lows. Will LINK break out from its wedge and reach new highs in 2025? Chainlink ...
The GBP/USD has broken through a trend line that marks a possible continuation of a bullish move. The POC zone is 1.3165-85. The price needs to make a close above 1.3209 to proceed further up.
This analysis is based on EUR/JPY trend-line and support levels. It shows that the market is at the support level at the lower trend line and if a breakout happens at the lower trend line, then ...
AUD/USD’s recent bearish trend-line breakout remains active and is now pushing once again beneath its 200-day average, within a multi-day breakout pattern (see hourly chart). • Our cycle analysis and ...
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...