Ledger Nano X - The secure hardware wallet

Diminishing returns?

Diminishing returns?

I’m not a trader or TA guy, I just like patterns, and maybe I’m using the tools wrong, but this stands out to me and I haven’t seen it anywhere else. I saw the lines and drew them without realizing I was modeling the possible paths for diminishing returns.

3 parallel channels connecting consecutive cycle tops.

The confluence is insane

All 3 channel bottoms converged exactly where we just bottomed.

Unless we fall out of the biggest channel, diminishing returns is not confirmed for me.

…But imagine if we stay in it, and this was just an absolute bottom retest on the trend…

submitted by /u/AndersonR00fing
[link] [comments]