Cryptohopper blog
Polygon Testing Multi-Month Support, Will it Hold?
Polygon's (MATIC) sharp decline has led the cryptocurrency to retest multi-month support at around the $0.50 level. While the support level can provide us with a bounce, there is a significant chance of a bearish breakdown due to the bearish flag formation that can lead to another sell-off.
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3 Effective Ways to Catch a Falling Knife in Crypto
Polygon's (MATIC) sharp decline has led the cryptocurrency to retest multi-month support at around the $0.50 level. While the support level can provide us with a bounce, there is a significant c…
This Chart Pattern Calls for Algorand $1.0 Target
May 9, 2022 • 2 min readHow Golden Crossover Signal Can Send Tron to $0.10
May 6, 2022 • 4 min readAxie Infinity: This Chart Pattern Calls for More Consolidation
May 2, 2022 • 2 min readThe Case for Cardano to Drop to 50 cents Before Bottoming
Apr 29, 2022 • 2 min readThe Smart Way to Combine Indicators for Crypto Trading
In technical terms, catching a falling knife refers to buying a cryptocurrency that is rapidly selling off. The steep decrease in the price makes this trading strategy very risky, but at the same time, if done correctly, it c…