MATIC - one of the few remaning
ETH, AVAX, SOL, etc. have fallen healthily below their bull market trend lines, and some have even back-checked them and rolled over.
The MATIC bull market looks different than these other players in that the bull market trendline (purple) is not at all a good guide for the price action in the time from then till now. It has, nonetheless be breached a few times now.
The long orange line is the best trendline to use, it is a price channel capturing most of the MATIC bull market minus the initial first parabolic rally. MATIC is still holding it for now.
MATIC is also not matching BTC's price action like the others, the general trends yes, but not the movement.
That said, the vacation is over if we drop below 1.60.
The MATIC bull market looks different than these other players in that the bull market trendline (purple) is not at all a good guide for the price action in the time from then till now. It has, nonetheless be breached a few times now.
The long orange line is the best trendline to use, it is a price channel capturing most of the MATIC bull market minus the initial first parabolic rally. MATIC is still holding it for now.
MATIC is also not matching BTC's price action like the others, the general trends yes, but not the movement.
That said, the vacation is over if we drop below 1.60.
Penafian
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