BURGER.X Crypto Tickeron detected bullish Crypto Pattern: Head-and-Shoulders Bottom on May 06, 2024

A.I.dvisor
at Tickeron.com
05/17/24
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Head-and-Shoulders Bottom
BURGER.X - BurgerCities cryptocurrency
Emerged: 05/06/24
Breakout: $0.49355
Price: $0.447549
Target price: $0.5498
A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for BURGER.X stock. This pattern was detected on May 06, 2024 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).
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BURGER.XDaily Signal changed days agoGain/Loss if shorted
 
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