Symmetrical triangles, on the other hand, are thought of as continuation patterns developed in markets that are, for the most part, aimless in direction. The market seems listless in its direction.

Regardless, the intersection of the uptrend line and the rising trendline at the top of the triangle (blue arrow), can be used as a guide. Those two lines cross around 2,111.

"So the easiest shape to make is a triangle," Pot says. From a single triangular grid as a launch pad, he built up a series of patterns. Working in the kilim idiom, one that has a rich, nomadic ...

What to know: XRP is forming a symmetrical triangle pattern, indicating a potential breakout. Technical analysis suggests a breakout could push XRP's price toward $6. A U.S. House crypto hearing ...

Zinger Key Points Meta has developed a triangle pattern on the daily chart, making a series of lower highs and higher lows. The stock is set to meet the apex of the pattern on Jan. 5. Get the ...

Ethereum’s native token ether (ETH) may have found a path to a new record high of $5,200 after breaking out an “ascending triangle” price pattern, according to technical analysis by Kraken OTC.

BTC/USD daily price chart featuring ascending triangle pattern. Source: TradingView The ascending triangle's bearish scenario eyes the $16,000–$20,000 range, depending on the breakdown point.

Currently trading about 40% up from the Oct. 28 low of $15.57 and about 26% under the Nov. 7 high of $29.80, Digital World has settled into a triangle pattern and will meet the apex on Wednesday.