Did you do your analysis well All coin are dumping now you should have entered for a sell but what is done is done just close the trade and accept the loss and learn from it ❤️
Understanding Key Chart Patterns in Trading: Bullish and Bearish Signal
In technical analysis, recognizing chart patterns is vital for predicting potential price movements in markets, whether in stocks, forex, or cryptocurrency. These patterns help traders identify bullish or bearish trends and act accordingly. The image you've provided showcases some of the most crucial patterns, each offering insights into possible price directions. Let’s dive into the details of each pattern: 1. Bullish Rectangle A bullish rectangle forms when the price consolidates in a horizont