The Powerful Symmetrical Triangle Pattern
The Powerful Symmetrical Triangle Pattern
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Symmetrical Triangle Chart Pattern: 🔺📊 Symmetrical triangles are common chart patterns observed in cryptocurrency trading, reflecting a period of consolidation before the price breaks out in either an upward or downward direction. They're formed by converging trendlines connecting a series of lower highs and higher lows, creating a triangular shape. As trading volume narrows within the triangle, traders anticipate a breakout, which usually occurs around 70% to 80% of the way through the patter
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