$safe #MEXC refferal code- #1CjQ6
Good day my friend, how are you feeling today?
Looking at Safe Token (SAFEUSDT), we can spot a transition from a bearish trend to a bullish trend. After the major low in August we can see a massive increase in trading volume. The end of the downtrend produces a cup and handle pattern which is a reversal pattern. After the action moves above the pattern neckline (local resistance) we get a strong bullish breakout.
This is exactly what we have been expecting and predicting for months. First, these pairs hit bottom, then comes a period of consolidation and then a strong bullish breakout with some variations across the market.
➖ Those that are trading low are bullish and can be bought.
➖ Those that are trading high can turn bearish and drop anytime.
(This is simplified, we need to spot reversal signals, volume, the market cycle, marketwide correlation, oscillators, candlestick patterns, chart patterns, chart structure, moving averages, support and resistances levels, the trend, correlation to Bitcoin and more.)
➢ Discernment, patience and experience is necessary to make the right choice.
If for whatever reason you make or made a mistake in the past do not despair, more opportunities will be made available and the market is only now starting to grow. We have great times and beautiful days ahead of us. Major growth will happen in 2025, this is only a preview.
Thanks a lot for your support.
Namaste.
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