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Tickeron detected bearish Crypto Pattern: Triangle Symmetrical Bottom on April 23, 2024
AI detected a bearish Triangle Symmetrical Bottom pattern for NEO.X stock. This pattern was detected on April 23, 2024 . The odds of reaching the target price are 60.07%.
The Symmetrical Triangle Bottom pattern forms when the price of a security fails to retest a high or a low and ultimately forms two narrowing trend lines. Points (1, 5) form the triangle patterns.
Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price falls below the breakout
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