This coin had a surge in August this year, skyrocketing from the bottom all the way up to $18. It was quite glorious at that time. However, the good times didn't last long; after reaching a high, it started to weaken and continued downward.
Since then, over the past three months, it has been fluctuating within a very obvious triangle pattern. This kind of pattern usually indicates that a breakout is imminent—either breaking upward or continuing to fall.
Currently, the trend shows signs of an upward breakout. If this move confirms an upward trend, a short-term 10% increase is not a problem. The question is how to balance risk and reward.
Those interested can try their luck at this point, but remember to control your position size. Breakouts can happen quickly, and sometimes they can be deceptive.
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AsSoonAsItRises,IWantToRun.
· 22h ago
Lost a lot
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0xSunnyDay
· 22h ago
Triangle pattern breakout? Come on, I've heard this explanation too many times. Every time it's "about to break through," but it just keeps dropping. The hype around MYX back in August has long faded away.
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ProposalDetective
· 22h ago
I've heard the triangle breakout story too many times. Every time, they say it will go up by more than ten points, but what happens? It just breaks straight through the bottom.
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OfflineValidator
· 22h ago
Is the triangle consolidation about to cause trouble again? Last time I heard this explanation, I lost a lot, and you're really daring to go for it again this time.
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AirdropHustler
· 22h ago
I'm really tired of this triangle pattern thing. Every time they say it's going to break out, but what happens? It just keeps rubbing sideways. I bought at $18 in August, and I'm still at a loss now.
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AirdropHunter9000
· 22h ago
The triangle consolidation has lasted for three months. If it can't break out this time, I guess I'll have to keep taking hits. I'm uncertain.
Does MYX still have potential?
This coin had a surge in August this year, skyrocketing from the bottom all the way up to $18. It was quite glorious at that time. However, the good times didn't last long; after reaching a high, it started to weaken and continued downward.
Since then, over the past three months, it has been fluctuating within a very obvious triangle pattern. This kind of pattern usually indicates that a breakout is imminent—either breaking upward or continuing to fall.
Currently, the trend shows signs of an upward breakout. If this move confirms an upward trend, a short-term 10% increase is not a problem. The question is how to balance risk and reward.
Those interested can try their luck at this point, but remember to control your position size. Breakouts can happen quickly, and sometimes they can be deceptive.