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#DODOEmpowersMemeIssuance
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đŒDefinition: A regular flat is a three-wave corrective pattern (labeled A-B-C) where waves A and B retrace a similar distance, and wave C typically ends slightly beyond the end of wave A. đœStructure: Wave A: Initial corrective move Wave B: Retracement that ends near the start of wave A (usually retracing 90% or more) Wave C: Final leg that slightly exceeds the end of wave A đŒKey characteristics: Waves A and C are usually zigzags or impulses Wave B is typically a corrective pattern The end of wave C usually exceeds the end of wave A by a small margin đœSignificance: Regular flats often represent a pause or consolidation in the larger trend. They're common in sideways markets or during periods of indecision. đœTrading implications: After a regular flat completes, prices often continue in the direction of the larger trend The slight overshoot of wave C can provide a good entry point for trades in the direction of the main trend đŒIdentification tips: Look for a clear three-wave structure Wave B should retrace most of wave A (typically 90% or more) Wave C should slightly exceed the end of wave A đŒDifferences from other flat patterns: Unlike an expanded flat, wave B doesn't exceed the start of wave A Unlike a running flat, wave C does reach and slightly exceed the end of wave A đŒCommon mistakes: Confusing a regular flat with a zigzag correction Misinterpreting the end of wave C as a strong reversal point
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BingX Exchange Hacked đŽ Stolen More then Worth 26 Million Doller (360 + Altcoin) Including: 4.44M $USDT 1.04M $WUSD 608.7K $USDC 9.38 $BTCB($590K) 86,545 $ZRO($369K)
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