We are now considering the chart for Patex on the weekly timeframe. Notice that we have an eternal downtrend. This is good.
The fact that PATEXUSDT has been going down forever is good news. When the market turns, it will go up forever instead. A bearish wave is followed by a bullish wave. A bearish cycle is followed by a bullish cycle.
The 24-Feb. Doji is an early reversal signal.
The volume on this candle is above average and the highest since September 2024.
For confirmation of the early reversal signal, all that is needed are several bullish candles and a close above 0.363.
To get a better perspective as to why I believe this to be a good chart, open PATEXUSDT on the weekly timeframe without the log. scale, use the linear (arithmetic chart). This setting reveals the high probabilities that this pair/project is trading at bottom prices. It is trading near support.
Based on the method we use for low risk and high potential for rewards, near support is the perfect time to consider entering a pair. Remember, we always buy when prices are low, always. Sell when prices are high near resistance.
Normally we get the impulse to buy when prices are high and this can result in money lost or time wasted.
Just think back to late January 2025. There was lots of excitement, lots of hype, lots of greed in the market and people were ready to buy and "go LONG." I was receiving messages from all around saying, "where are the trades?"
You know what happened just days later?
A major crash, people lots 10 billions through liquidations.
I was waiting for the flush before deciding to join.
Now, prices are low.
The correction already happened.
The whales already liquidated all the over-leveraged and impatient traders.
Now is the time to buy.
In the worst case scenario, focus on the long-term.
Any other scenario means profits, easy profits because the market will start to grow within weeks or days.
Right now there are not that many people around and this is the signal to go LONG. When everything is euphoric and people are anxious and desperate and betting everything on a major bull-run, that's the time to be careful because the market always move contrary to what the majority is expecting.
Now people are bearish and think that Crypto is over and will go down for months. Lower and lower.
The true is that the bottom is in and we are going green in a matter of weeks.
But, patience is key.
PATEXUSDT: Here we have a strong a long downtrend.
As prices move lower, volume continues to decrease. In fact, the ATL ended with a bullish candle, it closed green rather than red. This is the signal that the bears are losing force, the bulls are waiting and entering the game.
Once everything turns, growth will be unstoppable.
There will be no time to adapt. By the time you check the screen everything will be 200% to 300% up.
When you look at the chart, you will realize that we had months of consolidation before this bullish momentum showed up.
The time is now.
You are early. Great job.
Thanks a lot for your continued support.
Namaste.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在
使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在
使用條款閱讀更多資訊。