😳💰 WHO DID THIS?! 💰😳 Someone just made $1,023,412.55 on $MYXUSDT with 3x leverage like it’s nothing! From $0.24 to $1.91... bro basically turned snacks into a Lambo. 🚀
Meanwhile me: still deciding whether to long or sleep. 😅
$IOST has broken down from a Descending Triangle pattern, signaling increasing selling pressure and a potential continuation to the downside. Momentum currently favors sellers, and any pullbacks may act as shorting opportunities until structure changes. ⚠️ DYOR and manage risk carefully. #IOST/USDT #ADPWatch
The Cup and Handle is a very common bullish pattern that is also easy to recognize. It consists of a U-shaped cup followed by a smaller dip known as the handle. As with every pattern, these trends represent collective market psychology. In this instance, the "handle" occurs due to investors who bought the previous high (when the pattern started). These people immediately lost money on their investment and are excited to simply break even. The rising price at the end of the handle signals to prospective traders that the sellers have exhausted themselves, and that there is still enough buying pressure to break through to a new high. $BTC #chartpattern