There is a mixture in the names of the patterns, I am mixing many charting systems when reading these charts, I am hoping that you can understand. It is good. Instead of going for one system only, we take from many systems to reach a more informed conclusion and also to make better choices when choosing to buy and hold, either to sell or keep holding or to buy more.
SEIUSDT. The ending diagonal points to a reversal. The main low happened March followed by a lower low this month, August. The lower low earlier this month is a shy lower low compared to March; you know where this is going right? I can make the same analysis over and over, again and again, because it works.
So the lower low is not a bearish impulse and this reveals that the bearish cycle reached its end. Since the bearish cycle is over, we will now experience rising prices. Since the bear market was a very long one, balance is needed for life to be sustained. Therefore, SEI, Crypto & Bitcoin will grow long-term, just to balance out the extraordinary bad times we had recently.
When you see everything getting better, know, it gets better. When you see everything already being great, know, it gets better. When Bitcoin seems like it can’t grow no more, remember; just as the market surprises on the way down, it also does so on the way up. New all-time highs all across.
Namaste.