bearish triple top pattern
In the chart, the price formed a bearish triple top pattern and then broke downward. This downward breakout indicates a potential bearish move, suggesting that the price is likely to fall.
The triple top pattern typically represents a reversal of an uptrend, with three peaks at roughly the same price level. This pattern signals that the buying pressure has weakened and a downtrend may be starting. Since the breakout happened to the downside, it confirms a bearish trend. Thus, those who guessed "Sell" were correct, as the pattern and price action indicate a probable decrease in value.
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