MATICBTC 12h (720) on Binance
- On the 9th of May the all-time low is hit and a new run starts. From this day until the 14th of May, MATICBTC goes up by 178%. When you think it is over, it only retraces for two days...
- It starts to move up again and generate grows by an additional 135%, from the low of the retrace to the next peak.
- Finally, after just two more days of retrace, MATICBTC grows by an additional 255%, for a total of 1068% growth from bottom to top.
- grew accordingly to price action. After the all-time high was hit at 573 satoshis, a longer correction period started, started to decrease.
- Nice run.
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Chart analysis and update as promised...
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I am concerned that this correction will not be "long" as mentioned. (Unlike Raven-- which is still correcting)-- Matic seems to be a fast mover (in the ups and the downs).. Each up/down cycle has been about 12 days. We just passed the 12 day down cycle and are seeing upward movement. It seems that certain levels have been strongly supported--- and--- pending a massive BTC move, this coin seems to have some upside coming (in my opinion...).
For the project it is (think better names ADA/BAT/MANA/etc) it seems undervalued as is.. It rose fast and was well due for a correction, but may very well go higher towards its respected price. I see 10cents by years end...
Not asking for you to make a new chart-- just an update comment of your thoughts!
As always, we all appreciate your time and means of communicating such helpful information! Happy youre hear. Cheers,
I will open a new one with indicators and everything and see what I can find.
Thanks for your details comment.
I picked up at 320 awhile ago- bagging that one. New bull run will see huge growth in this coin. It is 70mil marketcap (with the corrected 3bil circ supply). We should see this easily go to the 300mil range in time.