AION Three Descending Peaks

BINANCE:AIONBTC   Aion / Bitcoin
AION has produced three descending peaks, this pattern is characterized by three seperate lower highs.


What does it mean??
+1 Reply
Bixley Alexander_123
@Alexander_123, A downward move will most likely be repeated, like the previous pumps
@Bixley, what would be the end result of this if this was triangle pattern here?
+1 Reply
Bixley ZeroFox09
@ZeroFox09, Symmetrical triangles are usually quite bullish, higher lows are present. What time frame is this? Shorter timeframes are usually less reliable for these kind of patterns
@Bixley, I have it as high as the daily
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