2025-12-29 15:24:32

Anyone recognize this chart pattern? Curious what traders are calling this in the market right now. Does it typically signal a particular trend or price movement direction?

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CascadingDipBuyer

· 22h ago

This chart looks like a death cross, but it could also be a trap to induce a short squeeze... I've seen too many false rallies in reverse.

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MEV_Whisperer

· 12-29 15:53

Looks like a double top? But this thing spends half the time deceiving people. To be honest, I tend to trust volume a bit more when looking at charts.

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GweiTooHigh

· 12-29 15:39

This chart looks like a flag pattern consolidation, but with the current market noise so high, it's really hard to tell. It feels like just gambling on the market maker's mood.

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Hash_Bandit

· 12-29 15:37

ngl, without seeing the actual chart it's hard to say... but if it's what i think it might be, we've seen this dance before in like 2017. pattern recognition is wild though - sometimes the market just does its own thing regardless of what the textbooks say. anyway, throw the image up?

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gas_guzzler

· 12-29 15:29

It looks like a double top, but honestly, this thing has a pretty average probability. It depends on how you use stop-loss.

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