$MATIC History Repeats Itself

٢٨ مايو ٢٠٢٠

• Looking at MMATIC / BTC on the daily timeframe
  
  
• From March-May we see accumulation under 200 sats, which perfectly explains this current price action
  
  
• 1st touch rejection off 309 resistance also to a T and expected
  
  
• Caught this move earlier at 222, sold @ 266 & 278
  
  
• Buy orders set at 251 re-entry zone
  
  
• There is a very good chance that history repeats itself and MATIC has it's 3rd parabolic run-up of around 100-200% in the span of less than a month
  
  
• Altcoin season looks just around the corner more than ever now and I guess it's just a matter of time before this move plays out