POLYX.X Crypto Tickeron detected bearish Crypto Pattern: Pennant on April 18, 2024

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04/20/24

Pennant

POLYX.X - Polymesh cryptocurrency

Emerged: 04/18/24

Confirmed: 04/19/24

Breakout: $0.4345

Price: $0.469079

Target price: $0.2675

A.I.dvisor detected a bearish Pennant pattern for POLYX.X stock. This pattern was detected on April 18, 2024 and confirmed on April 19, 2024 . The odds of reaching the target price are 6. It forms when falling prices experience a consolidation period, and the price moves within a narrow range defined by the converging lines through points (2, 4) and (3, 5). 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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POLYX.X

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