In the chart, the price formed a bullish triple top pattern and then broke upward. This upward breakout indicates a potential bullish move, suggesting that the price is likely to rise.
The triple top pattern typically represents a continuation of an uptrend, with three peaks at roughly the same price level. This pattern suggests strong resistance at the top, but once the breakout occurs, it confirms a bullish trend. Since the breakout happened to the upside, it signals a potential continuation of the uptrend. Thus, those who guessed "Buy" were correct, as the pattern and price action indicate a probable increase in value.
The triple top pattern typically represents a continuation of an uptrend, with three peaks at roughly the same price level. This pattern suggests strong resistance at the top, but once the breakout occurs, it confirms a bullish trend. Since the breakout happened to the upside, it signals a potential continuation of the uptrend. Thus, those who guessed "Buy" were correct, as the pattern and price action indicate a probable increase in value.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.