umur.ozkul

A peek into the past

Education
umur.ozkul Updated   
BINANCE:MATICBTC   MATIC Network / Bitcoin
MATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel.

Two detectors predicted the top
  • Golden Ratio Top Detector (UO_GRFM)
  • Mayer Multiple

Golden Ratio Top Detector also showed the potential bottom correctly.

Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting.

Also note that is about to jump to an upper Fibonacci channel(78.60%) from 100% channel-- very bullish if this happens
Comment:
EMA21/15m was strong resistance. The party will start once we are above EMA21 on 15m
Comment:

SMA13 providing good support and it is still in the upper channel. It will try to pierce EMA21 once more
Comment:
Pierced EMA21/15m

Party time!
Comment:
After leaving EMA21 behind, the next resistance is SMA50/15m
Comment:

What I expect: The channel top is at 341 Satoshi. We will bounce back to here from there...
Comment:
More details about that here:
Comment:
Pierced SMA50/15m
Comment:
SHORT. I fell down to the channel below. Renko bars are bearish. It was good while it lasted. Now we will see if it forms a higher low.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.