Sometimes keeping it simple give the best clarity on the charts, as you can see we are just holding inside of the falling wedge(white lines)
It is very possible the bottom is in, we have seen time and time again when there is extreme fear in the market it is the best time to invest and when there is extreme euphoria in the market it is the best time to sell.
It is unfortunate what happened with FTX, this imo will shine more light on to DEX's because on a DEX it is your keys and it is your coins, on a CEX you are trusting a company that owns the keys to your funds, so if that sink ships unfortunately so does your funds.
It is very possible the bottom is in, we have seen time and time again when there is extreme fear in the market it is the best time to invest and when there is extreme euphoria in the market it is the best time to sell.
It is unfortunate what happened with FTX, this imo will shine more light on to DEX's because on a DEX it is your keys and it is your coins, on a CEX you are trusting a company that owns the keys to your funds, so if that sink ships unfortunately so does your funds.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.