Tickeron detected bearish Crypto Pattern: Broadening Top on March 07, 2024

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03/19/24

Broadening Top

IOTX.X - IoTeX cryptocurrency

Emerged: 03/07/24

Breakout: $0.05585

Price: $0.067737

Target price: $0.04762

A.I.dvisor detected a bearish Broadening Top pattern for IOTX.X stock. This pattern was detected on March 07, 2024 . The odds of reaching the target price are 6. The Broadening Top pattern forms when a security price makes higher highs (1, 3, 5) and lower lows (2, 4) following two widening 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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IOTX.X

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