Tickeron detected bearish Crypto Pattern: Broadening Wedge Descending on January 25, 2024

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01/27/24

Broadening Wedge Descending

GAL.X - Galxe cryptocurrency

Emerged: 01/25/24

Confirmed: 01/26/24

Breakout: $1.72

Price: $1.81

Target price: $1.45

A.I.dvisor detected a bearish Broadening Wedge Descending pattern for GAL.X stock. This pattern was detected on January 25, 2024 and confirmed on January 26, 2024 . The odds of reaching the target price are 6. The Broadening Wedge Descending pattern forms when a security price makes lower lows (1, 3, 5) and lower highs (2, 4), forming two downward sloping lines that expand over time. Consider selling the security short or buying a put option at the downward breakout price level, which is the last low touching the bottom line.

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GAL.X

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