✴️ Polygon (MATIC) Lower Low 30% Drop Before Bullish Wave

Notice how yesterday's session is not that strong—Polygon (MATICUSDT).
Notice how today we have red rather than green.

This level of weakness implies that a new low is likely coming in the following weeks and that is something that we have been expecting and welcome because there will be better opportunities when prices are low.

Imagine buying at the market bottom and enjoying GREEN/Up for the entire 2024/25 bull-market. As soon as you buy, prices grow.

👉 For this to be possible patience and experience is needed and of course, we have to wait for the correction bottom low.

Q: How do we know that the market is moving lower?
A: We do not know.

What we know is what the chart is saying now... The market has been moving down since 13-March and this down-move seems to be reaching its end, according to what the chart has to say.

👉 Remember, if you are a beginner, you can just hold and buy more once support is reached.

For beginners, the best course of action is "buy and hold." That is, buy and if somehow you made a mistake just wait and buy more each time prices drop. This is how I personally do it for long-term success and gains. This is not financial advice of course and you need to do your own research.

The reason why you need to do your own research is because of the risk; money can be lost. If you lose money, that is your responsibility because you did the clicking, you made the decision. Here we all share information freely yet we are all adults.

Keep in mind that the market can quickly reverse and move up rather than go down and I can be completely wrong, this happens all the time.

We are reading the charts and using our knowledge and experience to make predictions. Sometimes we simply translate what is written on the chart.

Sometimes we get it right, other times we get it wrong.

All the professional traders in the world will easily tell you that the true winners are not those that have a 90% success rate but rather those that have a winning strategy and those that know how to take a loss.

... More?

Leave a comment and I shall expand.

Thanks a lot for your continued support.

Namaste.

Comment:

There is room for yet lower prices; patience is key my dear friends.

I will be here when the bottom is in for the best entry possible.

Thanks again for your support and trust.

Namaste.