T.X Crypto Tickeron detected bearish Crypto Pattern: Three Falling Peaks on May 16, 2024

A.I.dvisor
at Tickeron.com
05/17/24
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Three Falling Peaks
T.X - Threshold cryptocurrency
Emerged: 05/16/24
Breakout: $0.03354
Price: $0.036938
Target price: $0.02828
A.I.dvisor detected a bearish Three Falling Peaks pattern for T.X stock. This pattern was detected on May 16, 2024 . The odds of reaching the target price are 7. The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward-sloping trend line. 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 moves below the breakout level.
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