BTC FORMING SYMMETRICAL TRAINGLE

27 Apr 2023

The symmetrical triangle is a chart pattern commonly used in technical analysis that is formed when two trend lines converge towards each other at a roughly equal slope, indicating indecision among traders. It is often viewed as a continuation pattern, meaning that the price is likely to continue in the direction it was moving prior to the formation of the pattern. Traders use this pattern to identify potential breakout levels and to set stop-loss orders. Move can lead to touch 32500 level.
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