When you analyze a new launched token in first 15 min 😅 I | Faisal Crypto Lab on Binance Square

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Bullish

When you analyze a new launched token in first 15 min 😅
I currently watch: $CLANKER $BEAT $LINEA 
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CLANKERUSDT

Perp

65.29

-13.20%

BEATUSDT

Perp

0.46177

+23.00%

LINEA

0.0119

-9.98%

1.3k

0

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The bearish wedge pattern, or falling wedge, is a relevant bearish continuation signal for traders. It forms within a downtrend as prices create lower highs and lower lows, converging into a narrowing range. A breakout below the lower trendline indicates a bearish continuation. Traders often use this pattern to confirm their bearish sentiments and make informed decisions about staying in or entering short positions. $DASH $GIGGLE $ZEC #FaisalCryptoLab

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The bullish wedge pattern, also known as the rising wedge, serves as a significant bullish continuation signal. It takes shape within an uptrend as prices form higher highs and higher lows, converging into a narrowing range. A breakout above the upper trendline suggests a bullish continuation, which can be advantageous for traders seeking to capitalise on an ongoing upward trend. #FaisalCryptoLab $ALCX $KAVA $MET

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The descending triangle pattern is pertinent to traders as it signifies a bearish continuation within a downtrend. Prices form lower highs and a horizontal support line. A breakdown below the support line suggests the bearish trend may persist, prompting traders to remain cautious and consider short positions $GIGGLE $ZEC $BOB #FaisalCryptoLab

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Within the context of an uptrend, the ascending triangle pattern is a valuable signal for bullish continuation. Prices form higher lows and a horizontal resistance line. When the price breaks above the resistance line, it indicates a bullish continuation. Traders often use this pattern to reinforce their confidence in maintaining long positions or considering new ones. #FaisalCryptoLab $FF $RESOLV $BB

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The rising wedge pattern is a relevant bearish reversal signal for traders. It materialises within an uptrend as prices form higher highs and higher lows, converging into a narrowing range. A breakout to the downside in this scenario suggests a potential bearish reversal. Traders use the rising wedge to anticipate downward movements and make informed decisions regarding selling and managing risk $MLN $LPT $GIGGLE #FaisalCryptoLab

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