Tickeron detected bearish Crypto Pattern: Triangle Symmetrical Bottom on April 23, 2024

A.I.dvisor
at Tickeron.com
04/24/24
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Triangle Symmetrical Bottom
NEO.X - Neo cryptocurrency
Emerged: 04/23/24
Breakout: $16.88
Price: $18.76
Target price: $12.78
A.I.dvisor detected a bearish Triangle Symmetrical Bottom pattern for NEO.X stock. This pattern was detected on April 23, 2024 . The odds of reaching the target price are 6. The Symmetrical Triangle Bottom pattern forms when the price of a security fails to retest a high or a low and ultimately forms two narrowing trend lines. Points (1, 5) form the triangle patterns. 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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NEO.XDaily Signal changed days agoGain/Loss if shorted
 
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