CVXUSDT SPOT
Largo

✴️ Convex 1,2,3,4 Steps Pattern

342
Convex is doing good and we are going to look at it through the 1,2,3,4 Steps Pattern that I made up earlier.

The pattern consist in four steps that have been repeating across the Altcoins market.

#1) The initial bullish wave.
#2) The first low after the initial bullish wave peaks and enter correction mode.
#3) Is either a higher or lower low compared to March. Notice that Convex has a long-term higher low when comparing June (#3) to January when #1 started; a signal of strength.
#4) Is the new bullish wave and also what we are expecting.

Additional support for this signal is the huge increase in trading volume as #3 comes in.

This pattern has been confirmed on the TOTAL index chart, Bitcoin, Waves and many other Altcoins.

The reset should follow.

Thank you for reading.

Namaste.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.