✴️ Holochain 1,2,3,4 Steps Pattern (A Bullish Wave?)
I decided to keep it simple for Holo (HOTUSD), so this is the 1,2,3,4 Steps Pattern, the same pattern that most of the Altcoins are going through.
The first three steps are in, which are composed of a bullish wave and the correction that follows.
After this phase, we are seeing a "new bullish wave" develop across the market.
So far this has been true all of the time but if any pair breaks below its 10-June low, the pattern is broken.
A bullish wave would still be expected as the market moves in waves... Up and down, up and down.
Some times these waves are extended, sometimes they are cut short... But after a bullish wave you get a bearish wave, after a bearish comes a bullish one.
We had a strong bearish wave since the peak in late January for HOTUSD, a bullish wave is due and it is getting closer.
Namaste.
The first three steps are in, which are composed of a bullish wave and the correction that follows.
After this phase, we are seeing a "new bullish wave" develop across the market.
So far this has been true all of the time but if any pair breaks below its 10-June low, the pattern is broken.
A bullish wave would still be expected as the market moves in waves... Up and down, up and down.
Some times these waves are extended, sometimes they are cut short... But after a bullish wave you get a bearish wave, after a bearish comes a bullish one.
We had a strong bearish wave since the peak in late January for HOTUSD, a bullish wave is due and it is getting closer.
Namaste.
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