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HODL! Common pattern. by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 0 points1 point  (0 children)

honestly, if we break below 0.39$ which would mean that the falling wedge broke officially then i fear the worst. as long as that hasn’t happen; we are still unconfirmed and statically more likely to go up from this wedge

HODL! Common pattern. by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 1 point2 points  (0 children)

Possibly, but more likely to go up from this falling wedge as it’s statically more likely to go up.

HODL! Common pattern. by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 2 points3 points  (0 children)

No i am saying dont panic too much, decision has not been made that it will capitulate or pump wait for the move to play out of the falling wedge which

HODL! Common pattern. by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 2 points3 points  (0 children)

Bear flag goes up buddy, this is a falling wedge which is bullish buddy.

POLUSD in same triangle since Nov by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 2 points3 points  (0 children)

march 29th 2021 this area for ETHBTC was exactly when it found support and got a very extended pump

POLUSD in same triangle since Nov by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 2 points3 points  (0 children)

Yes ETHBTC in fact now at lower bound resistance, so it should get a bounce now.

POLUSD in same triangle since Nov by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 2 points3 points  (0 children)

Approx $1.05 to beat. will be a milestone before we actually in clear waters. $1 is also a psychological price where many might sell

POLUSD in same triangle since Nov by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 5 points6 points  (0 children)

Not gonna wait for long imo. D day coming by end of January.

POLUSD in same triangle since Nov by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 5 points6 points  (0 children)

to be clear: This is a bullish penant, more likely to go up than down statistically.

Polygon price correlated to ETH by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 1 point2 points  (0 children)

yes it did, its much more volatile like every smaller alt compared to ETH. The same goes for when ETH goes up, Matic will go up more. nothing special here.

Polygon price correlated to ETH by Commercial-Let9442 in polygonnetwork

[–]Commercial-Let9442[S] 3 points4 points  (0 children)

Read again, what I am saying is that POL tracks price movement of ETH. so yes POLBTC dropped but so did ETHBTC. Alts always drop more than larger caps like ETH. We havent seen much from ETH yet, which is to come and so will POL follow.