Tickeron detected bearish Crypto Pattern: Triangle Symmetrical Bottom on February 28, 2024

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03/04/24

Triangle Symmetrical Bottom

POWR.X - Powerledger cryptocurrency

Emerged: 02/28/24

Breakout: $0.3422

Price: $0.3837

Target price: $0.3136

A.I.dvisor detected a bearish Triangle Symmetrical Bottom pattern for POWR.X stock. This pattern was detected on February 28, 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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POWR.X

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