✴️ Convex 1,2,3,4 Steps Pattern

26 ביוני 2023

Convex is doing good and we are going to look at it through the 1,2,3,4 Steps Pattern that I made up earlier.

The pattern consist in four steps that have been repeating across the Altcoins market.

#1) The initial bullish wave.
#2) The first low after the initial bullish wave peaks and enter correction mode.
#3) Is either a higher or lower low compared to March. Notice that Convex has a long-term higher low when comparing June (#3) to January when #1 started; a signal of strength.
#4) Is the new bullish wave and also what we are expecting.

Additional support for this signal is the huge increase in trading volume as #3 comes in.

This pattern has been confirmed on the TOTAL index chart, Bitcoin, Waves and many other Altcoins.

The reset should follow.

Thank you for reading.

Namaste.