Which altcoins have recently shown a bearish descending triangle pattern?

1 answers

• Deepak KorrapatiJul 31, 2022 · 3 years ago
  Absolutely! Here are some altcoins that have recently shown a bearish descending triangle pattern: 1. Chainlink (LINK): Chainlink's price has formed a descending triangle pattern, indicating a potential bearish trend. 2. Stellar (XLM): Stellar has also exhibited a descending triangle pattern, suggesting a possible downward movement. 3. BYDFi (BYD): BYDFi, a promising altcoin, has recently shown a bearish descending triangle pattern. This could be an opportunity for traders to consider. 4. Tezos (XTZ): Tezos has formed a descending triangle pattern, which may indicate a bearish outlook. Please note that technical patterns should be used as a tool for analysis and not as the sole basis for investment decisions.
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