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These patterns appear as flags, pennants, triangles, and rectangles, and typically show up during periods of consolidation or indecision ... descending triangles are bearish, with falling highs ...
Besides bullish and bearish patterns, there are so-called neutral candlestick chart patterns like doji. They often signify indecision in the market when the relative strength of buyers and sellers ...
Despite a recent bounce, ADA trades within a symmetrical triangle, suggesting indecision ... is a technical pattern that does not necessarily signal a bullish or bearish breakout.
Analyst warns Solana could drop to $65, but major buys from Janover and OpenSea’s support offer hope for a rebound.
According to Martinez, such a move would invalidate the current head-and-shoulders pattern forming on the ... action reflects this broader market indecision. While the token has shown resilience ...