OMG/USD Triangle Consolidation Pattern
Alts and BTC are displaying a very prolonged Triangle consolidation pattern which to me shows a serious spring board foundation is being built for all of these projects to catapult once they hit their apex or climax points. Yes, some of them will fail and fade away, but to me this shows me that this summer is going to be an explosive time in the crypto sector
You can pretty much look at many of the charts and see this pattern either nearing the end or still in the process. I have ladders placed already in my favorite projects so that I don't buy all at once. Each leg down, I nibble a bit until my bags are full.
As long as the stock market doesn't tank or we have some sort of Black Swan event, we should be in pretty good shape in the next couple of weeks
Hope everyone is well
You can pretty much look at many of the charts and see this pattern either nearing the end or still in the process. I have ladders placed already in my favorite projects so that I don't buy all at once. Each leg down, I nibble a bit until my bags are full.
As long as the stock market doesn't tank or we have some sort of Black Swan event, we should be in pretty good shape in the next couple of weeks
Hope everyone is well
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