Tickeron detected bullish Crypto Pattern: Head-and-Shoulders Bottom on November 19, 2023

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11/25/23

Head-and-Shoulders Bottom

IDEX.X - IDEX cryptocurrency

Emerged: 11/19/23

Confirmed: 11/24/23

Breakout: $0.060005

Price: $0.060152

Target price: $0.06582

A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for IDEX.X stock. This pattern was detected on November 19, 2023 and confirmed on November 24, 2023 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).

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IDEX.X

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