Post Elon dump analysis
After Elon's strange wishy washy decision to rescind their decision to allow btc as a way to buy his vehicles after making the decision about a month ago, the price dumped for all of crypto. There is now fud, but I don't think it's as bad as people may think it is.
TLDR: Overaction to Elon news.
"The federal agencies haven’t accused Binance of wrongdoing" - Bloomberg
I'm thinking MATIC is doing really well despite the dump
Nice doji + volume makes me think this area can act as a base hence us currently breaking out of this area.
Holding my MATIC as I've been doing for the last month.
Selling around 1.5
not financial advice.
stay safe.
TLDR: Overaction to Elon news.
"The federal agencies haven’t accused Binance of wrongdoing" - Bloomberg
I'm thinking MATIC is doing really well despite the dump
Nice doji + volume makes me think this area can act as a base hence us currently breaking out of this area.
Holding my MATIC as I've been doing for the last month.
Selling around 1.5
not financial advice.
stay safe.
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