GAL is moving within a descending triangle pattern, with prices oscillating between the sloping resistance line and the curved support line, where the strong support zone is between 0.9x - 1.0x. Despite the price decrease, indicators such as RSI, MACD, and MFI are signaling a potential reversal. The volume for the week is the highest seen so far, along with the...
Context: After breaking out in a Falling Wedge Reversal (FWR) pattern, the price is currently in the process of back-testing a new support area (break-out area around 1.19x). It's also pulling back towards the EMA-20 line, forming a Decrease Triangle Reversal (DTR) pattern. This week's closing candle is a shooting star with a long upper shadow and a small...
Based on the weekly timeframe's Trendline and Chart Pattern , here's my outlook on how the price of MATIC might evolve over the next few months
Based on the recent movements of BTC, I have identified a chart pattern known as the "Paper-Plane" pattern.