Sentences with phrase «consolidation pattern»

A consolidation pattern refers to a situation in which the price of a stock or other financial asset moves within a range, without any significant upward or downward trend. It suggests that the market is taking a pause or "consolidating" before making its next move, either continuing its previous trend or reversing it. It can be compared to a period of rest or gathering momentum, where investors closely analyze the market before deciding on their next actions. Full definition
The coin paired its losses towards the end of the session, and the rising trend remained intact, just as the short - term consolidation pattern.
Bitcoin price recently broke out of its triangle consolidation pattern on the 1 - hour time frame to signal a direction.
Stock consolidation patterns give investors potential to take up new positions in trend following or even add on a successful position.
Normally during a corrective phase support can be found on top of a preceding consolidation pattern.
When price is in a larger consolidation pattern it is said to be in a «trading range» with no trend pattern to the swing highs and lows.
I've made a habit of finding and trading lucrative consolidation patterns for profit, but only once the market clears the range.
What sparked at interest in me to monitor this chart was the sudden price movement last month, where it broke consolidation pattern since 2014.
Further, we are looking for «cup and handle» or flat base consolidation patterns of stocks that have not yet broken out.
Dash is still the least volatile major, being unchanged today, and it is still stuck inside the dominant lengthy consolidation pattern.
In the late consolidation pattern the stock will carry on rising in the direction of the breakout into the market close.
The short - term consolidation pattern could soon break, as volatility fell significantly in recent days.
The coin is trading in a triangle consolidation pattern that should be broken in the coming days.
Litecoin is still acting bullish, trading in a bullish consolidation pattern below its recent all - time high.
During those volatile swings we should see some type of consolidation pattern build out that will be unrecognizable in the beginning, but as time passes it will slowly show itself.
The first chart below shows the breakout action on the longer - term monthly time frame, while the bottom chart shows the tight consolidation pattern on the daily chart, which was holding above the 50 - day moving average.
Yesterday (August 16), the main stock market indexes rallied to break out above the confines of their week - long consolidation patterns.
Monero is still trading inside a short - term consolidation pattern near the $ 46 level, still showing relative strength after its encouraging rally.
In the shorter term the recent consolidation pattern between 20,400 and 21,000 gives an upside target near 21,600.
Meanwhile, the most traded currency pair is still trading in a broad consolidation pattern after failing near the upper boundary of the formation again, and as the tension in the market grows, a large momentum move could be around the corner, with the long - term trend still being bullish.
As the coin has just moved out of a broad consolidation pattern, the upside potential is still bigger than in the other already overbought majors, such as XMR and Dash.
When price is in a tight consolidation pattern, it will often be referred to as «chop» or «sideways» price movement.
For this, we specifically look for the stock or ETF to both trade in a sideways consolidation pattern for at least several months.
Additionally, right before a stock breaks out and rockets higher, there is typically a period of volatility contraction and declining volume within the base of consolidation (learn about basing and consolidation patterns here).
Bitcoin and its buddies are hitting a few roadblocks at the moment, creating consolidation patterns on their short - term charts.
Last Wednesday (January 25th) the SPDR S&P Oil & Gas Exploration ETF (XOP) broke out from a three week consolidation pattern on huge volume and appeared ready to surge to higher ground.
However, that current consolidation pattern has turned into a bullish base that may soon lead to a breakout above the range:
Ripple is still trading in its prior ranges in both the USD and the Bitcoin pair, as the long - term consolidation patterns still dominate trading in the coin.The declining short - term trend is intact, just as in the case of ETH and BTC, and the MACD indicator is neutral on both charts, without XRP showing nor relative weakness or strength here, leaving the technical setup unchanged.
The short - term MACD is showing neutral readings after the strong moves in both directions, and the long - term consolidation pattern continues to dominate the coin, so we expect more, albeit less volatile, corrective price action.
Two weeks ago, we detected relative strength and a solid consolidation pattern setting up in iShares Real Estate Index ETF ($ IYR).
The pattern at this point resembles an overlapping choppy consolidation pattern, which was thought to lead back to highs.
NEO continues to be the least correlated to Bitcoin among the majors as it trades in a volatile consolidation pattern since nearing the $ 50 level last week.
-LSB-...] Stock consolidation patterns give investors potential to take up new positions in trend following or even add on a successful position.
Today, the only to 10 coin showing a meaningful plus is EOS that has been in a relatively quiet consolidation pattern amid the recent selloff.
Generally speaking, the price action preceding the late December breakout in $ EPU is a good example of the technical factors we look for when stalking an ETF or stock that is trading in a bullish consolidation pattern.
This occurs after price broke down below a triangle consolidation pattern in mid-November.
Stocks got off to an encouraging start yesterday, as the Nasdaq and S&P 500 indices gapped to open above the highs of their week - long consolidation patterns.
If you happened to be out of the office yesterday, 10 yr yields finally broke out of their most recent consolidation pattern and moved quickly to the highest...
Although $ WB is currently too extended to buy now, the preceding consolidation patterns from May and June, with the 10 - week MA just below, gave the «all clear» signal before the stock began surging higher.
Ripple settled down somewhat after a volatile period, in a broad short - term consolidation pattern after last week's break - out.
In this weekly bar chart of ALOG, below, we go back five years to show the large consolidation pattern.
Although the Nasdaq, S&P 500, and Dow Jones Industrial Average technically remain in their nearly week - long sideways consolidation patterns, yesterday was the second consecutive day that the broad market rallied late in the day to close near session highs.
XRP is in a short - term consolidation pattern near the $ 0.20 level, as the coin settled down after its rally.
Ethereum is still stuck below the $ 700 level, inside the short - term consolidation pattern, although the coin retained its relative strength compared to Bitcoin, and that is a positive sign for the whole segment, as ETH has been the most important leader of the rally in the past three weeks.
Bitcoin Price Key Highlights Bitcoin price recently broke out of its triangle consolidation pattern on the 1 - hour time frame to signal a direction.
The current index rise may encounter temporary resistance near this 3,230 level with a consolidation pattern.
If it does, we could see another rally attempt to push stocks back above their consolidation patterns.
EOS provided a clear break - out from a consolidation pattern, with a positive volume pattern.
Because of their relative strength, combined with their bullish consolidation patterns, both $ AMBA and $ ONVO have entered our radar screen for potential buy entry in the coming days.
Despite the distribution in the Nasdaq Composite Index, it is positive to note that the large - cap bretheren of that tech - heavy index, the Nasdaq 100 Index, still managed to close above the prior resistance (new support) of its consolidation pattern.
However, the price has since settled into a consolidation pattern, with four consecutive weeks of tight closing prices on the weekly chart.

Phrases with «consolidation pattern»

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