Sentences with phrase «triangle consolidation wave»
The following Ethereum price chart illustrates the significance of the triangle consolidation wave.
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The triangle pattern doubles as a consolidation wave and the breakout, which occurred on November 23, completed this wave.
If I back up and take a longer - term approach to this ETH coin price chart, it illustrates that the triangle pattern is actually a consolidation wave, acting as a midpoint within a larger bullish trend.