The importance of waiting for patterns to confirm
Good morning,
I am monitoring the AVAX ecosystem and was paying close attention to JOE. When I checked the USDT pair I could notice a possible falling wedge forming:
Then, I checked the BTC pair, and I found a possible inverse head and shoulders:
So far we have not confirmed any pattern, and the pum that the AVAX ecosystem experienced, is fading, so what I get from here is the importance of confirming patterns.
Even if they are right eventually, your funds would be stuck in there, and you would miss other great oportunities.
I am monitoring the AVAX ecosystem and was paying close attention to JOE. When I checked the USDT pair I could notice a possible falling wedge forming:
Then, I checked the BTC pair, and I found a possible inverse head and shoulders:
So far we have not confirmed any pattern, and the pum that the AVAX ecosystem experienced, is fading, so what I get from here is the importance of confirming patterns.
Even if they are right eventually, your funds would be stuck in there, and you would miss other great oportunities.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.