Triple Top is a powerful bearish reversal pattern that unveils lucrative trading opportunities.
Three equal highs pave the way for a potential trend shift, signaling a market poised for a significant downturn.
As the Triple Top forms, watch for signs of trend fatigue. When the last high falls short of the middle peak, it's a clear indicator that the uptrend is losing steam, paving the way for a stronger decline.
While the Triple Top develops, remain vigilant. It may resemble other patterns like the Double Top, Ascending Triangle, or Rectangle.
Treat the Triple Top as a neutral chart pattern until the breakout occurs, ensuring you make informed trading decisions.
Triple Top is a powerful bearish reversal pattern that unveils lucrative trading opportunities.
Three equal highs pave the way for a potential trend shift, signaling a market poised for a significant downturn.
As the Triple Top forms, watch for signs of trend fatigue. When the last high falls short of the middle peak, it's a clear indicator that the uptrend is losing steam, paving the way for a stronger decline.
While the Triple Top develops, remain vigilant. It may resemble other patterns like the Double Top, Ascending Triangle, or Rectangle.
Treat the Triple Top as a neutral chart pattern until the breakout occurs, ensuring you make informed trading decisions.
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”
The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the company’s plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.
