My Love For MATICUSD - I don't think it will go to the moon yet
As Of Late, MATIC has been gaining good traction on the Media, especially against ETH's high gas fees for NFT Minting.
The growth of MATIC has been slow but healthy.
Of which, there are great opportunities to Scalp this in the short term,
as well as accumulation of Assets for the good long term
Though i am very new trader,
I have been following the charts very closely and is sharpening my Technical Analysis over the day.
I have almost correctly predicted the movement of GRTUSD in my first publication after discovering TRADING VIEW
and here I am back again, to present my predication of MATIC USD
It will have to close this week at 2.20-2.30 to complete the last bull run for the positive teacup structure,
but it heads down for the next few days.
My initial prediction for MATIDUSD was to reach it's new ATH of 2.50 USD on the 16/2/22 after completing it's Teacup wave.
However, the uptrending channel will likely serve as a catalyst to reach a new high of 2.80 USD - which will subject to change when the growth is reassessed next week.
but based on my analysis, MATIC is not ready for the moon tonight.
It will drop to 1.70-1.80 USD at the lowest, where we can make another purchase and sell off at it's gradual climb at 2.80 USD.
My advice is,
buy a good portion of MATIC at the next dip of 1.70-1.80 USD,
then sell off some for secure profits,
and keep the rest and it may go for the January high.
Key date to take note is around 16/1/21.
it may reach it's highest high, and will dip in deep correction.
This might coincide with the next wave of correction with BTCUSD as well
Final note:
as a tarot reader, i have drawn "THE LOVERS" card, and here is how it guides us.
"If you are at a crossroads and want to move forward in a certain direction but feel ‘unsure’, put all doubt to the side. Press forward with confidence."
Love,
Dave Adeth
Singapore
The growth of MATIC has been slow but healthy.
Of which, there are great opportunities to Scalp this in the short term,
as well as accumulation of Assets for the good long term
Though i am very new trader,
I have been following the charts very closely and is sharpening my Technical Analysis over the day.
I have almost correctly predicted the movement of GRTUSD in my first publication after discovering TRADING VIEW
and here I am back again, to present my predication of MATIC USD
It will have to close this week at 2.20-2.30 to complete the last bull run for the positive teacup structure,
but it heads down for the next few days.
My initial prediction for MATIDUSD was to reach it's new ATH of 2.50 USD on the 16/2/22 after completing it's Teacup wave.
However, the uptrending channel will likely serve as a catalyst to reach a new high of 2.80 USD - which will subject to change when the growth is reassessed next week.
but based on my analysis, MATIC is not ready for the moon tonight.
It will drop to 1.70-1.80 USD at the lowest, where we can make another purchase and sell off at it's gradual climb at 2.80 USD.
My advice is,
buy a good portion of MATIC at the next dip of 1.70-1.80 USD,
then sell off some for secure profits,
and keep the rest and it may go for the January high.
Key date to take note is around 16/1/21.
it may reach it's highest high, and will dip in deep correction.
This might coincide with the next wave of correction with BTCUSD as well
Final note:
as a tarot reader, i have drawn "THE LOVERS" card, and here is how it guides us.
"If you are at a crossroads and want to move forward in a certain direction but feel ‘unsure’, put all doubt to the side. Press forward with confidence."
Love,
Dave Adeth
Singapore