Building this big patterns
obviously take time.
An inverse head and shoulders
really is just a representation of "Smart" money & "Dumb" money.
(Smart & Dumb are interchangeable with patient v impatient or emotional v unemotional, whales v shrimps and most likely a combination of all these characteristics)
Anyway BOBA has left shoulder , the rejection from this level to make our bear market bottoms
to flush all the sellers...
An opportunity for strong hands to accumulate
A run up maybe caused by a handful of smart money and/or market conditions raising all boats.
Another opportunity for weak hands to exit.
And the right shoulder when the big players make the higher base, from which they take the asset to the neckline again.
Fundamentally #BOBA like all scaling solutions should do well in crypto fall, with high network and gas usage.