Also eyeing MATIC's bullish price action for another long opportunity.
We can see from my previous outlook, price indeed reverse from the falling wedge structure, and bullish impulse up.
Price is hovering around the previous highs, but in a consolidation, which is a good indication for another move after the correction completes.
As always be patient here as price can potentially create a longer/deeper correction, so wait for confirmation correction completes before adding into the buys.
Thank you
Kommentera
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The consolidation did not push the price up, no entry, no trade.
That video lesson was just what I needed. I'll look for more of them. Very well done. What are your thoghts on SOL? -Solana
Vascodegama
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Great charting! Still learning here. What signal would denote a completion of continuation correction? - any upward impulse of X height?... or is there another more specific sign to look for?
jojofang0901
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@Vascodegama a consolation of any continuation correction would be very ideal to see the next upside. I will share some educational content below for you.
schismlj
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The consolidation didn’t push price up but that’s only because of the massive dump across BTC and all cryptos. So would it be wise to buy this dip?
jojofang0901
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@schismlj, Personally I wont be buying from the dip after the drop like that from a news volatility. It may take some time to correct and develop, so better to be more safe and observe first :)