4. Bear Pennant Similar to a bear flag, a bearish pennant is a continuation pattern that consists of a pole and a symmetrical triangle, usually following a downtrend in price. Rather than a period ...

It has formed a symmetrical triangle pattern, which happened after a strong surge, a sign that it is a bullish pennant ...

Source: TradingView The bear pennant, a classic continuation pattern, formed after ADA’s sharp drop from $1.15 to $0.713. The consolidation that followed was a symmetrical triangle, but the ...