check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on. there is always another train through the station as long as we haven't nuked ourselves into oblivion.
anwayyyy this seems to be playing out nicely. the chart says it all. the repeating RSI pattern says we've bottomed already. or it seems that way anyway. RSI can be a tricky beast tho, you need to be careful with it.
it does seem like macro wise there has been enough blood but there are some fundamental bad things playing out in the system. war/climate change/massive unraveling of over inflated assets/normal max inflation etc etc so i wouldn't be surprised if it goes down another big leg.
two options there, clearly just wait and see if it all reverses on that first support coming up. then matic maybe a nice play. 250% sounds good to me.
lets see how this one goes. good luck to you fellow degen.
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hmm bumped up a bit early there. but this idea is always gonna be a rough.
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lol its going straight there. it hasnt even chilled one bit. beast mode. i didnt get entry :((((
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one more big pump then we roll over into hades
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rolled over. pump was not that big. now we get the right shoulder and maybe real doom. im in for the shoulder, but on avax.