Coin Citadel (CCTL)

[mannken]

Chart Pattern Correction

I want to ensure to the board I'm posting correct chart pattern information. I've reviewed more in depth support and resistance lines without log scale and used other chart sources

The pattern is not a pennant, it's a descending triangle, most of the principles are the same including volume, the difference is the support line ascends (Pennant) vs. flat (Triangle)

When a descending triangle forms from a recent uptrend, it's bullish, and vice versa

Anyone can see we're at the Apex of the triangle S/R lines, the support area needs to be held for upside breakout. Today we have an inverted bullish hammer candle, a good sign the triangle will break to the upside






$CCTL