BTF Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Top on January 31, 2025

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Triangle Symmetrical Top

BTF - CoinShares Bitcoin & Ether Strategy ETF

Emerged: 01/31/25

Breakout: $14.07

Price: $15

Target price: $12.04

A.I.dvisor detected a bearish Triangle Symmetrical Top pattern for BTF stock. This pattern was detected on January 31, 2025 . The odds of reaching the target price are 6. The Symmetrical Triangle Top pattern forms when the price of a security fails to retest a high or low and ultimately forms two narrowing trend lines. 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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