Synonyms for «descending channel»

A descending channel refers to a pattern observed in stock charts where the price consistently falls within two parallel trendlines forming a sloping channel. It indicates a downward trend, suggesting that the stock's price is decreasing steadily over time. Full definition
Similar and related words and phrases are presented below.

«descending»

«channel»

Related phrases

Sentences with «descending channel»

  • The cryptocurrency has broken from a mildly descending channel formed during yesterday's trading session. (fxstreet.com)
  • Right now it is trading inside a tight descending channel. (links2exchange.net)
  • This week's important descending channel pattern with major resistance near $ 575 on the hourly chart of BCH / USD (data feed from Kraken) was broken. (dailybitcoinnews.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z