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.
Penafian
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