๐พ๐๐๐ง๐ฉ ๐๐๐ฉ๐ฉ๐๐ง๐ฃ๐จ๐ ๐ฉ๐๐๐ฉ ๐๐ค๐ช ๐๐๐๐๐ฉ ๐ฟ๐ค๐ฃ๐ฉ ๐๐ฃ๐ค๐ฌ ๐ผ๐๐ค๐ช๐ฉ๐ค๐
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let's break down those chart patterns in simple terms:
Ascending Triangle: An ascending triangle suggests bullish momentum, with prices moving steadily upward๐.
Descending Triangle: A descending triangle hints at bearish trends, as prices may be headed for a dip๐.
Pennant: A pennant signals a brief consolidation before a potential continuation of the existing trend, like a pitstop in a race๐น.$
Bearish Flag: A bearish flag symbolizes a temporary pause in a downtrend, possibly before a further decline.
Bullish Flag: A bullish flag denotes a momentary break in an uptrend, suggesting a potential upward surge on the horizon.