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Long

$MATIC History Repeats Itself

By kyer
  • 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
altcoinsEconomic CyclesFractalmaticMATICBTCSupport and Resistance
kyer
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