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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 $0.500 again ? thoughts ?
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CRYPTO MECHANIC
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One candle isn't enough to decide what the future will be specifically when it comes because of a news. 80-90% of the move was shorts getting liquidated. What we need is follow-through and a proper price buildup to confirm a real move. Don’t FOMO — if you missed the move, wait patiently for the next setup. I’m not fully bullish yet. But if the chart shows a real change in structure, I’ll turn bullish. I’ve been out of the city and away the whole day (Still out), so I didn’t get a chance to check the market. We have seen moves like this getting faded before.
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This market move literally wiped out every short. 80-90% shorts got liquidated. Can say the whole move is fueled by short liquidations.
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You all pumped the market while i was out of city 🥲
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Up or Down This Tariffs thing has been providing some insane volatility to market. BTW if you don't know why market moved up. Donald Trump has announced a 90-day pause on countries that have lowered their tariffs.
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$BTC Quick Weekly chart update Most of you know this is the chart i have been posting. So far it's going well since we discussed that weekly breakdown. $81k is the area you can keep your eyes on for short term trend shift. Until then let the world fight for the tariffs and let the market Absorb it.
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