This pattern is one of the most common reversal signals, and the more it appears, the higher the likelihood of a trend reversal.
It is the falling wedge pattern.
A falling wedge occurs when the price declines, but each decline becomes smaller and slower.
This indicates weakness among sellers. When the price breaks through this pattern upward, it often means that the market is about to rise and that buyers are in control of the market. . #NonfarmPayrollsComing #DailyMarketOverview $XRP $GT $SOL
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This pattern is one of the most common reversal signals, and the more it appears, the higher the likelihood of a trend reversal.
It is the falling wedge pattern.
A falling wedge occurs when the price declines, but each decline becomes smaller and slower.
This indicates weakness among sellers.
When the price breaks through this pattern upward, it often means that the market is about to rise and that buyers are in control of the market.
.
#NonfarmPayrollsComing
#DailyMarketOverview
$XRP
$GT
$SOL