Nemo, just checking in with you. How you doing bud? Hope you're doing okay.

Thought i'd throw some matic at you.

[imgur] [link to imgur.com (secure)]

i spoke about this before as the coin i would be buying and honestly i'm starting to heavily consider it again. I want to see matic at 52/53 cents. If it gets to 52/53 cents then it is a bullish cypher harmonic.

The yellow arrow shows the 786 being the last drop before the bullrun a few years ago.

The blue arrows show the exact same 786 as a potential drop location coming up at 52/53 cents.

The white arrow shows that exact same 786 as an old level of resistance. Classic support/resistance theory states that when something was a resistance once long ago, that it is often a support the next time it touches that price.

So this blue arrow at 52/53 cents would be a bullish cypher harmonic at an old major resistance level.

I've started to think that bitcoin will find support at 12k. Bitcoin is currently at 22k. This means i think bitcoin drops roughly 50%. Matic is at 1$. If matic drops that same 50% then matic drops to 50 cent area.

So basically, it's a believable support based on where i think bitcoin bottoms. I'm not going to sit here and tell you that matic will repeat the pump it did... but if it does? Then matic will go from 52/53 cents up to over 50$. As in, matic may have a 100x coming.

I do believe that this coming crypto drop is very possibly the last drop and if matic holds 52/53 cents? Then I am very tentatively saying that the bullrun may be on.