Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...

Pi Network (PI) is currently falling under a descending resistance trend line. The price is trading within a short-term descending triangle pattern. How much longer will the Pi Network decline ...

XRP’s (XRP) recent losses come as its price trades within a descending triangle pattern, a bearish structure that typically signals further declines. This pattern is defined by a series of lower highs ...

XRP peaked at $2.90, marking the completion of wave (5) in its Elliott Wave structure. The price consolidates within a descending triangle, signaling potential correction or breakout scenarios.

When the pattern appears after a notable price drop and at key support, as in XRP's case, it signals that the selling pressure may be waning and buyers are stepping in to defend the price. As seen on ...