Cryptocurrencies Prices and Steemit Blockchain Statistics Update 2024-05-08 H 15
grefn
The triangle pattern looks to be coming to a head here soon.
Check it out:
(Source: https://x.com/TheMoonCarl/status/1811801945939591266/photo/1)
We have a triangle pattern that could break up or down as it is a symmetrical triangle pattern.
It is happening in the course of a downtrend which probably slants the bias to the downside.
That being said they could also be reversal patterns as well.
Basically it's a coin toss at this point which way we move, but when we do it likely moves fast and a good amount.