Traders know not to ‘go long’ when this classic trading pattern shows up

by Aurelia Butler 5 September 2021, 00:00 169 Views

A “descending channel,” also known as a “bearish price channel” is formed by drawing two downward trendlines, parallel to each other, which confine the price action of the asset.

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Source: Cryptocurrency - investing.com

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Traders know not to ‘go long’ when this classic trading pattern shows up

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VeChain Showcases PoA 2.0 and $1M Grant Program

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