Tychsen ConradNov 28, 2021 · 3 years ago2 answers Can a bullish pennant formation be a reliable indicator for predicting future price increases in cryptocurrencies?
Is it possible to use a bullish pennant formation as a dependable indicator for forecasting future price rises in the world of cryptocurrencies? How accurate is this pattern in predicting price increases? Can it be applied to all cryptocurrencies or only specific ones? What are the key factors to consider when analyzing a bullish pennant formation?