ADA/USDT 1D | Bull and Bear Price Patterns
This chart shows a longish bear pattern in the purple descending triangle. Which isn't much of a surprise because most crypto currency charts show this over the last 3 to 4 months. But the orange and white lines show what I think could be a bullish "W" reversal pattern. The 
ETH chart shows something similar. Like one of my favorite YouTubers says "All models are wrong, some are useful". I think the purple triangle is just representing a mini bear market in this current bull market. I also think prices for the top smart contract blockchains aren't going to start really moving to the upside for another 6 to 8 weeks. And I'm hoping this "W" pattern is the start of that. I'm an amateur and this isn't financial advice. Good luck y'all.
ETH chart shows something similar. Like one of my favorite YouTubers says "All models are wrong, some are useful". I think the purple triangle is just representing a mini bear market in this current bull market. I also think prices for the top smart contract blockchains aren't going to start really moving to the upside for another 6 to 8 weeks. And I'm hoping this "W" pattern is the start of that. I'm an amateur and this isn't financial advice. Good luck y'all.
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