$TRUTH
Patterns in shitcoins are like weather forecasts in hell: they seem to exist, but they make no sense. 'Flags', 'triangles', and 'head and shoulders' live their own lives here, and you look at the chart and think: 'Well, this time it's definitely going up!' — and you get liquidated.
The reasons are simple and funny. First, the volumes are so small that your purchase of a couple hundred dollars already breaks the entire composition. Wanted a 'break of level'? Congratulations, you've just become the main artist of the chart.
Second, shitcoins are controlled by a few whales and wild Telegram hamsters. While you’re drawing support and resistance lines, these guys are orchestrating pumps, dumps, and 'sports training for nerves'. Any classic formation instantly turns into abstract art.
Third, the liquidity is laughable: your order can change the price more than any pattern. And the harder you try to 'analyze', the funnier the chart looks: the candles play a cruel joke with you.
In summary: patterns in shitcoins only work on screenshots for Telegram groups of info gypsies. In the real market, it's a circus where the audience is your nerves, and the clowns are the large wallets and random pumpers.

