Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
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 ...
There are countless metrics and chart indicators that technical analysts use to determine buy and sell signals in the stock market. One way to identify short-term breakouts is by using price channels.
AAVE is trading at 173 following a defense of key supports. The rising channel indicates that it has a chance of breaking out ...