Cryptocurrency Q&A
What is the triangle rule in crypto?
What is the triangle rule in crypto?
Daniele
Mon Dec 16 2024
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6
answers
894
I've heard about something called the triangle rule in cryptography, but I'm not sure what it means. Could someone explain this concept to me and how it applies to crypto?
6 answers
Martina
Wed Dec 18 2024
The pattern is formed by converging trendlines connecting a series of higher lows and lower highs.
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CryptoTitanGuard
Wed Dec 18 2024
Traders often adopt a wait-and-see approach when this pattern emerges.
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MountFujiView
Wed Dec 18 2024
The Symmetrical Triangle Pattern in crypto trading indicates a phase of uncertainty in the marketplace.
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Bianca
Wed Dec 18 2024
They closely monitor the price action, waiting for a definitive breakout to occur.
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Eleonora
Wed Dec 18 2024
A breakout above the triangle's upper trendline signals a potential upward price move, whereas a breakdown below the lower trendline indicates a potential downward trend.
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