Dubbed a "bull flag,” the pattern forms when the price consolidates lower in a descending channel (flag) following a strong move upward (flagpole). Ultimately, the price breaks above the channel ...
Gold has failed to follow through on a bull breakout of a pennant pattern triggered last week. On Tuesday, it fell sharply to a six-day low of $2,888 thereby triggering a breakdown of the pennant ...
Analysts are observing a bullish pennant pattern forming for Dogecoin (DOGE ... and for the next bull cycle, projections see the leap over $2.42. To ensure stability, Mutuum Finance is launching ...
As a result, a bearish flag pattern has emerged. This is a technical formation that precedes the continuation of the previous trend, meaning that the outlook for ADA is bearish on the daily chart ...