MULTI fell by -92% on it's service unavailability. It made a pullback by 210% and now is making a falling wedge (bullish pattern).
I assume that it will start to grow after some consolidation inside this wedge (maybe good news about resumption of work) and Bitcoin consolidations or growth.
really good view. but the problem of being imprisoned and taking money usually ends tragically.
Alex_Dehtiarov
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@KriBoys, Yes, but why do Binance and all major exchanges still give access to Multi' trading pairs?
KriBoys
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@Alex_Dehtiarov, maybe because of the investment made by binance? let's talk about price action, such as luna, ftt and celsius. Even though Binance is still listed, there is no significant increase.
However, it is true, the news regarding the multi-CEO who was arrested is still unclear, no one has said what the case was that ensnared him.
Alex_Dehtiarov
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@KriBoys, crypto are all about the risks and its control. But If you have the proper risk management, you will survive any FTX, Luna scam👌
Why you thins that FTT and Luna (lunc) will not grow? I and Buy/Sell Crypto Alerts members have already +30% of the profit on it.
KriBoys
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@Alex_Dehtiarov, lol! I mean, based on the facts, it is difficult for a problematic coin to rise and gain trust again.
are we talking about a 30% or 600% increase here? because you predict multi will rise around 600% from the current price, so its not apples to apples!
Alex_Dehtiarov
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@KriBoys, I recommend that you don't limit yourself to thoughts taken from classical financial markets. Everything works differently on crypto.
KriBoys
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@Alex_Dehtiarov, i see what do you mean, im just sharing a facts too. but yea sometimes they play with our psychology.