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CRYPTO MECHANIC
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#MATIC
Previous support is now acting as resistance on weekly chart.
Will matic drop back to $0.500 again ? thoughts ?
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The low market made yesterday is going to be important low going forward. At some point maybe it will go down and creates a higher low and starts to consolidate. But as long as that last low holds, i think we will see new highs on most of the strong Altcoins. Some will make it this month and some maybe later. your only job is do not get the market uncertainity liquidate you.
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Bitcoin 2020 - 2021 bull market. You can see there were 4 dips 20% on average during that move up and after all of these price ended up going higher. Nothing goes straight up, There will always be some corrections and these corrections are your opportunities to grab until the bull market ends.
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$SOL still holding it's bullish market structure. As it's above $180-200 zone
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Slow bleed down, followed by Acceleration to the downside to liquidate longs
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Open any of the altcoins chart that dip in the last two days and you will see this kind of price action. Coincidence? No , The 8 years of experience. Things i am trying to teach you will help you forever in your trading journey.
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