Spotted a textbook triple bottom formation on the BLIND chart. This pattern typically signals potential reversal momentum, and I'm taking the opportunity to accumulate more positions here. The technical setup looks compelling for a push toward the 10M mark based on current support levels and resistance breaks. Classic accumulation zone for traders watching this asset's price action.
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BearMarketMonk
· 11h ago
Hmm, this trick is old. Let's see if BLIND can break through this time.
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ZenMiner
· 11h ago
Playing the triple bottom again? I just want to see if this time it can really break 10M. This "classic setup" hasn't been rare before...
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TokenTaxonomist
· 11h ago
ngl, triple bottoms are statistically overfit on low-volume charts... let me pull up my spreadsheet to actually verify this claim tho
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SatoshiHeir
· 11h ago
It should be noted that the triple bottom framework was already discussed by followers of Dow Theory in the 1970s, but on-chain data indicates that BLIND's recent trend has three obvious errors: first, insufficient validation of trading volume; second, the validity of historical support levels is questionable; finally, I haven't seen the evidence for the target price of 10M.
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Deconstructionist
· 11h ago
Really? Just go all in on the triple bottom? I think that support is quite fragile.
Spotted a textbook triple bottom formation on the BLIND chart. This pattern typically signals potential reversal momentum, and I'm taking the opportunity to accumulate more positions here. The technical setup looks compelling for a push toward the 10M mark based on current support levels and resistance breaks. Classic accumulation zone for traders watching this asset's price action.