Crypto Wolfㅤ

Hey Traders, Firstly You have need to know how to trade use patterns.

Trading using chart patterns requires certain steps:
Identify the previous market trend.Wait for the chart pattern to form and complete.Determine if the pattern signals a continuation or a reversal of the trend.Identify the point where the price breaks out of the pattern.Confirm this breakout when the price closes outside the trendline, accompanied by an increase in volume. This is a safe time to make trades, especially if there's a retracement after the initial breakout.Set stop levels below the support or resistance line or the previous candle of the entry candle.The first trading target can be the highest high of the pattern from the breakout point.
But chart patterns also have limitations:
OFalse breakouts: Sometimes the price reverses after a breakout, which is opposite to what the pattern predicts.
Different interpretations: The same pattern might mean different things to different traders.
Not obvious in real-time: Patterns are easier to identify in retrospect than in live markets.
Illusory patterns: Traders sometimes perceive a pattern where none exists. This patterns for beginners.
In conclusion, though chart patterns have their shortcomings, they're a powerful tool in trading. Identifying them in live markets offers a competitive edge. However, they’re most effective when used in conjunction with other technical analysis tools.

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Ripple vs SEC case has crypto enthusiasts on the edge of their seats, awaiting its resolution. While many wonder what’s holding up the case, former SEC lawyer Marc Fagel posits that the case is progressing on schedule without any unexpected delays. Is the case on track for a swift resolution?
SEC Lawyer Reveals XRP Lawsuit’s Predictable Progression
With major developments in the Ripple vs SEC lawsuit failing to bring closure, the XRP community is left with many unanswered questions. Reflecting on the court’s alleged delay in approving Ripple and the SEC’s joint motion to dismiss the case, a community member posits that Judge Torres is effectively holding up the case. The X user attributes the settlement delay to the judge’s procedural requirements, adding that the court needs time to process the formalities.
In response to this comment, former SEC lawyer Marc Fagel posited that “nobody is holding up the case.” In an X post, Fagel shared insights on the ongoing XRP lawsuit, highlighting its smooth progress.
Reiterating his previous statement that Judge Torres has no further role in the Ripple vs SEC case, Fagel asserted that she is not holding up the lawsuit. He also emphasized that the SEC isn’t intentionally delaying the case, instead following standard dismissal procedures expected to take 1-2 months post-vote. His statement read,
"Nobody is holding up the case. Not the judge (there is nothing for her to decide), not the SEC (which has a standard procedure to follow, and will dismiss the appeal once the vote is taken, a process that typically takes 1-2 months)"

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