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.
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