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Long

$MATIC History Repeats Itself

624
  • Looking at MMATIC / BTC on the daily timeframe

  • From March-May we see accumulation under 200 sats, which perfectly explains this current price action

  • 1st touch rejection off 309 resistance also to a T and expected

  • Caught this move earlier at 222, sold @ 266 & 278

  • Buy orders set at 251 re-entry zone

  • There is a very good chance that history repeats itself and MATIC has it's 3rd parabolic run-up of around 100-200% in the span of less than a month

  • Altcoin season looks just around the corner more than ever now and I guess it's just a matter of time before this move plays out
kyer
Also on:
altcoinsEconomic CyclesFractalmaticMATICBTCSupport and Resistance

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altcoinsEconomic CyclesFractalmaticMATICBTCSupport and Resistance
kyer
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.