miaomiao18

MATICBTC - Hype Fib by market marker - round 2

miaomiao18 Updated   
BINANCE:MATICBTC   MATIC Network / Bitcoin
well. I almost finished my whole content written here. But accidentally pressed “esc”, and everything was gone.
It took me some breath to decide if typing it all again or not.
All in all, I made efforts in sharing.
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Here you can find quality TA. No BS, we directly go into the core.

I shared in previous idea - how market marker took both money and positions off the hands from the crowd.
If you haven't checked it. You can click on the idea below to read more:

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MaticBTC had been/shown made by strong market. When it's telling you bull's coming. Try to catch it.

In this idea, you can find
1. MATICBTC, why we call it by strong market maker.
2. Hype Fib repeating again?
3. Where are we now? What to expect?



1. MATICBTC, why we call it by strong market maker?!
No matter BTCUSD is up or down, MaticBTC wants its bull. Yeah, that’s right.
Here’s what happened during 2019 OCT6 - NOV16 - DEC 7.
BTCUSD down here and there:

MaticBTC completed its 2nd hype fib bull:

2. Hype Fib repeating again?
It’s telling you that’s happening:
1) Bottom formation with consolidation/base box of fib 0-fib 0.382

2) bull trend started with breakout happened, actually nice consolidation breakout pattern happened in 2nd bull and this (potential) bull

3) retracement between fib 0,786-0.618 zone:
Shown in 1st bull:

Shown in 2nd bull, and expecting now:


3. Where are we now? What to expect?
when a chart/price movement is well managed by market marker. It means it respect key levels/patterns. Such as maticbtc and btcusd. Its history always tells us something.

Closeup in 2nd bull - 1H chart:
- It retraced well between fib 0.786 - 0.618 and on ma45.
- it formed nice top consolidation breakdown and retested on ma100 before a bad bloody fall.

- super massive value indicating potential bottom formation.

Closeup for current round up - 1H chart:

Go red
expecting to come back on retracement between fib 0.786fib 0.618 and ma45

or

Go blue
price already made exhausting candles(high volume) here, formed resistance(red box).
if price breakout current ATH, then expecting a candle/wick retest on the red box before continue going higher.


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Comment:
Correct on the content:
3. Where are we now? What to expect?
- super massive *volume* indicates potential bottom formation.
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