Many foreign exchange (forex) traders learning about technical analysis and how to apply it in their currency trading strategy might wonder what is a double-top chart pattern. This bearish chart ...
The tumble in Tesla Inc.’s stock on Thursday has confirmed a bearish short-term “double-top” pattern, just like the one seven months ago that preceded the plunge at the end of 2022. A “double top” ...
Shares of NRG Energy, Inc. (NYSE:NRG) came back a little on Wednesday, but they are still in a downtrend. We have made NRG our Stock of the Day. On the chart, a classic double-top pattern has formed, ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP XRP is showing signs of a higher-timeframe double-top, with price struggling after a second failed push near the $3.30–$3.40 ...
Economist Peter Brandt has flagged what he describes as a potentially bearish technical setup for XRP. In a post on X on Dec. 17, Brandt warned traders that the asset may be forming a double-top ...
An "extremely bearish" pattern has formed on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff. "For what's worth, the top 7 largest tech stocks are currently staring down ...
Bitcoin BTC $108,783.53 may drop to $75,000 should it trigger a so-called 'double top' bearish reversal pattern. A double top comprises two consecutive peaks at approximately the same price, with a ...
This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Ether's ETH $3,120.55 Doji candle on Monday signals indecision in the market ...
Bitcoin plunged below $90,000 to a three-month low on Tuesday, continuing a slide from its record high set last month, as economic uncertainty weighs on investor sentiment. The cryptocurrency broke ...
The tumble in Tesla Inc.’s stock on Thursday has confirmed a bearish short-term “double-top” pattern, just like the one seven months ago that preceded the plunge at the end of 2022. A “double top” ...