Busted Pattern structure is formed in many altcoins. Busted Patterns give the impression that the price will move in the direction of the breakout, and after pushing enough people to take action in this direction, the price moves in the opposite direction than expected. This movement is so hard and fast that it doesn't even leave people a chance to escape.
Here are 4 examples of these Busted Patterns Project $PEPE $SHIB $FLOKI $BONK
I have analyzed these memecoins projects before and I still expect sharp upward movements from them. War FUD may have brought the prices down, but the returns will be spectacular. Especially in these memecoin projects.
It should also be added that memecoins projects are extremely volatile. In other words, declines can be so harsh that your psychology may deteriorate. Therefore, instead of tying all your capital to these, it can be evaluated with 10-15%. The declines are as sharp as the rises, and we can manage our risk in this way to balance them.
