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Aug 26, 2020 11:20 AM

Matic Network Tetherus USDT Long

MATIC Network / TetherUSBinance

Description

In fact, everything that is drawn in vain depends on Btc. The basis of this work is btc. I don't know anyone else. etc etc we can say. Is it true? partially correct. Bitcoin is very powerful and is the engine of this business. But it should not be forgotten that many coins create their own projects and networks. One of them is Matic Network. The fact that btc ate ​​shorts yesterday and matic did not return to the falling wedge from which he formed last and got rid of it also showed how strong the hodlers are. Of course there are traders who get caught up in the fomo and come out instantly and work with bots. But I think it should not be overlooked yesterday's stance and then its immediate recovery.

As a result, the fate of altcoins is still in the hands of bitcoin. Bitcoin's taking a break and resting here will mean life water for altcoins. I think it can go up first as much as the height of the wedge, then as much as the depth of the bowl. or vice versa, first the bowl and then the retraction of the wedge to its height.

values ​​have never dropped below sma 200 since the beginning of August. If you worry about the irregular movements of the last btc, I think you have a way to 0.040s. The closest point looks like 0.032.

Friends, this is an amateur work. It is definitely not investment advice. I wish everyone a lot of profit.
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