Tickeron detected bearish Crypto Pattern: Pennant on April 18, 2024

A.I.dvisor detected a bearish Pennant pattern for POLYX.X stock. This pattern was detected on April 18, 2024 and confirmed on April 19, 2024 . The odds of reaching the target price are 68.52%.

It forms when falling prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5).

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 level.


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$POLYX
Stock Chart Patterns: Real-Time Analysis and Insights