Hello Dear Traders
Perhaps Matic Network caught your eye after posting 400%+ gains post IEO. Mastic’s debut on Binance lived up to hype as buyers arrived in droves to push it higher and higher in a run that resembled the 30x ICO days of 2017
History will repeats it self for MATIC?!!
A few days ago MATIC had a fake raising then got a real one but for some reason like Bad Market, too much raising and Traders fear for that Fake raise made the Candle below the new resistance and old support
In this case we have two different scenario:
1: Keep raising above 0.87 and then BOOM (actually it's possible indeed but I'm not so sure)
2: Hammer Time and draw the previous shape (it looks logical)
Perhaps Matic Network caught your eye after posting 400%+ gains post IEO. Mastic’s debut on Binance lived up to hype as buyers arrived in droves to push it higher and higher in a run that resembled the 30x ICO days of 2017
History will repeats it self for MATIC?!!
A few days ago MATIC had a fake raising then got a real one but for some reason like Bad Market, too much raising and Traders fear for that Fake raise made the Candle below the new resistance and old support
In this case we have two different scenario:
1: Keep raising above 0.87 and then BOOM (actually it's possible indeed but I'm not so sure)
2: Hammer Time and draw the previous shape (it looks logical)