QartalCrypto

QartalCrypto

A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.

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Double bottom pattern. A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter...

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After meeting the middle line and reacting to this line, the channel floor will be achievable.

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The median target of the channel is achievable with respect to the breakdown of the downtrend and placing in a channel.