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$palu 1m > 4.6m
Keep up with the official pace
This leg of $palu ’s rally pace is pretty slow
Give everyone enough time to get on board; during the second phase, it also went sideways for 12 hours, forming a standard symmetrical triangle—an aggressive consolidation pattern commonly used in OW live broadcasts
Triangle breakout at 2.5m, then quickly rushes to 4.5m
Everyone can learn to recognize this kind of strong consolidation pattern to catch the second phase—whether it’s a rising triangle or a symmetrical triangle. As long as the earlier volume and price are both relatively high, this consolidation pattern usually has continuation potential
Also, when liquidity is good, buy the strong not the weak—strength always builds on itself, and the leading effect will be very obvious