Apple, Inc (NASDAQ: AAPL) was trading about 0.9% higher on Friday, with continued momentum after bouncing up from the bottom trend line of a rising channel pattern on Wednesday.

Cardano price retests a key trendline at $0.87, with analysts eyeing a historical fractal that points to $2.40.

Amazon.com, Inc (NASDAQ: AMZN) was down about 2% on Thursday morning, at the lower trend line of a rising channel pattern. The pattern is bullish for the short term, but can be bearish down the road.

When price channels do break out, it’s typically in a continuation pattern, with a large run in the direction of the channel. Unlike a triangle or wedge, channels show consistent volume and trading ...

Thereafter, it started trading inside a descending channel pattern. The bears pulled the price below the channel line on April 18 but they could not sustain the lower levels.

Traders use various technical analysis tools to identify emerging trends and profitably trade that direction. One popular trend-defining pattern that traders often rely on is called the price channel.

TRON (TRX) has been trading within an ascending channel pattern following its recovery from a long corrective phase ending mid-March. The daily chart shows a breakout from the WXY structure and a ...

Taking a look at the chart, you can see that the price has been trading within a channel pattern near its 200-day moving average since October of 2018.

Bitcoin Cash (BCH) is trading in the green by 2% at press time on Thursday, following a 6.39% price surge on Wednesday. Rising in a parallel channel pattern, BCH shows signs of increasing bullish ...