cyjones

MATICBTC - more short-term downside

cyjones Updated   
BINANCE:MATICBTC   MATIC Network / Bitcoin
Whilst playing around with FIB CIRCLES at different fib levels i took a look at MATIC:

MATIC is riding along a support circle and inside a descending triangle, moving inside of fib arc channels (bold colored). I guess we will see more downside to the levels of 120 - 100 sats, before a reversal kicks in, bringing MATIC back to the levels of 150 - 170 - 200 sats.

No advice from me, i just look at the charts.
Trade active:
As you can see, we ride along the arcs and within the triangle. If we do not bouce here, 100 or 95 sats are in play I guess.
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