PULSECHAIN can continue it's recovery...The chart shown is the EVM sidechain of Ethereum --- PLS / by ETH itself
So as this chart produces Green candles.
PLS is earning you more Ethereum
and Red candles mean you are losing ETH value.
For any ratio it is the same deal. i.e BTC/USD. Green equals more USD. RED = less USD.
We have a clear bottom formation yet to truly break out.
But almost there.
As we have seen with other blockchains due to liquidity bonding.
When the Native gas token goes up... the smaller altcoins on the chain start really flying
Wplsusd
PULSECHAIN Can 2.6X versus #ETH - W PatternWow #PLS got destroyed.
Retail investors got dunked on.
Richard Heart conducted a crowd raise to the retail public
with no cap.
It was heavily hyped.
So it was heavily oversubscribed.
there was no vesting period
usually 1-2 year period after a launch is the norm for VC/ accredited investors.
Expectations were not aligned with realities for normal people.
This allowed for a free for all of heavy selling
during which the network was just getting started & bootstrapped.
So I feel the pain of people who waited for 2 years only to have PLS drop 90% against #Ethereum
whilst ETH found it's bear market bottom at 880 dollars.
A double kicking to your private parts.
Max pain also brings Max reward.
Crypto profits are harvested from the tears of people who buy and sell at the wrong time.
I believe we can start seeing a recovery in this ratio going forward
and Also I still believe ETH will kick on to $3400 very soon.