Salaam
All healthy markets need some correction after a decent rally.
VET retrace 60 Fibo of last up move.
Also, there are falling flag (channel) in 15m charts of many coins that could be a good sign to show the correction will end soon.
But remember that no pattern is perfect and always consider some percent to fail patterns.
So, manage the risk and use stop loss to control it.
Good luck
All healthy markets need some correction after a decent rally.
VET retrace 60 Fibo of last up move.
Also, there are falling flag (channel) in 15m charts of many coins that could be a good sign to show the correction will end soon.
But remember that no pattern is perfect and always consider some percent to fail patterns.
So, manage the risk and use stop loss to control it.
Good luck
Note
15m chartNote
BTC Note
ETHNote
Also, 4h Stochastic oscillator reaches at oversold state in this or the next 4h candle.Note
AVAX broke the falling flag and retested it as support.It could be a leader for the rest of the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.