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Although my interest in crypto has experienced its own kind of bear market (psychologically speaking), there is still one (and only one) crypto chart that I can still say, with a straight face, is bullish. It is Polygon MATIC.
I will say this, however. There used to be plenty of crypto charts that I could declare as bullishly-configured, but almost every one of them failed. To be fair, I still believe this entire sector is as chart-friendly as I’ve always said, and they certainly gave ample warning that they were failing. But my point is that these bullish set-ups have been, to borrow a word that Fed Chair Jerome Powell isn’t using any more, “transitory.”
Over the last few weeks, banks have been imploding, and fears of a 2008-style crisis have come into play. Of course, politicians have rushed to the rescue with huge amounts of fiat...
The EUR/USD is trying to break out above the March high and test the Feb. 1 close. Currently, the market is Always Long and probably going higher. There are probably sellers not...
I’m just about ready to call it a day, but I wanted to mention before shutting down that Bitcoin appears to be pushing above its Fibonacci. In other words, it might be reaching...
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