We've seen a nice 12% comeback today & yesterday. Technical indicators point to a reversal and currently matic is at a resistance level that when crossed should bring it back to levels we saw last week @ 2.15-2.25 then back to test ATH. PT $3 by Christmas + $7 by next year.
Double top forming. Currently using 48 Hull MA as a descending resistance. We have seen consolidation between two crucial levels that show a bearish continuation & fear is at a 28 on the fear and greed index. Look at the charts, read the patterns and keep dry powder. GLTA
-cycle of support and resistance followed by retests since January of 2021
-downtrend since early November with a clear resistance
-bitcoin has gapped down past the support level that has been clear since late July
Currently Bitcoin is struggling to move either direction, and a close red would be a sign of bearish continuation.
In the case that Bitcoin poses a...
Progenity has been in the same cyclic pattern since late September and has followed a trend carefully. The last high of $6.20 formed a rising wedge which is looking close to a breakout.
The MACD and RSI indicate a reversal, as well as the 20/50/100/200 EMA (not shown on the chart). The trend has not fallen below the 200 day EMA + the Fibonacci Time Zone...
