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Scalingsolution

BOBA has the potential to soar over $2Building this big patterns obviously take time. An inverse head and shoulders really is just a representation of "Smart" money & "Dumb" money. (Smart & Dumb are interchangeable with patient v impatient or emotional v unemotional, whales v shrimps and most likely a combination of all these characteristics) Anyway BOBA has left shoulder , the rejection from this level to make our bear market bottoms to flush all the sellers... An opportunity for strong hands to accumulate A run up maybe caused by a handful of smart money and/or market conditions raising all boats. Another opportunity for weak hands to exit. And the right shoulder when the big players make the higher base, from which they take the asset to the neckline again. Fundamentally #BOBA like all scaling solutions should do well in crypto fall, with high network and gas usage.
BLong
by BallaJi
15
MATIC-USDT price action and fundamentalsHello there❄ Technical overview : Over the last few days I have been seeing many bouncing from resistances/ supports in these channels (I have circled in white above🧐📈) If you have been crypto trading you have surely noticed MATIC (polygon) soaring to new ATHs 7 months ago (2.44,) but more importantly 2 days ago it came within approximately 4 cents of all time high . That says a lot about Polygon from a technical analysis of price action 👇👇👇 On December 3rd (before the flash crash) MATIC price was up 40 percent for the week. BTC on the other hand was down about 8 percent.. 😵 I am expecting Matic to follow the ascending pitchfork-channel , however I have also included a slightly descending pitchfork in the event market loses strength👎💪 come open of stocks on Monday.. 🆗📆 It is possible that we come down to test this liquidation capitulation zone once more before consolidating and forming a more structured trend reversal.😃⏬ Short fundamental dive:🌊☃ The network effect on MATIC is gaining traction through everything that is being built on top of it and its low transaction fees. On December 9th (4 days,) Polygon team will be hosting the ZK summit , ZK technology is said to be the solution to having completely encrypted transactions. This will add a lot of intrinsic value to Polygon network and MATIC. Before the announcement there was already a lot of hype around Polygon as it is known for its low transaction fees, a 2-layer scaling solution to Ethereum's current downfalls (high gas fees, slow transaction times.) 🛑Thank you so much, this is not advice! 🛑 Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. 👽
MLong
by jazerbay
10
RDN/USDT Update: Raiden Network startet its move >150%Raiden Network as off chain scaling solution started its move to the heavens. We are currently 150% from our entry point but there is still a long way to go. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
RLong
by tumbler55
2