PurpleCrypto

MATIC/USDT Bullish Signs

Long
PurpleCrypto Updated   
BINANCE:MATICUSDT   MATIC Network / TetherUS
Hello everybody!

I wanted to shoot this out before I retire to bed this evening.

MATIC/USDT is showing bullish signs on the 4 hour chart. It has just crossed the 90 EMA. From history, it has sky rocketed every single time it has done this since May this year.

Based on the previous cross over on 6 August, it has the potential to rise to the 5.786 fibb mark (or 0.02054) if it continues to head up/swings up above 0. If it retreats down, its chances are slim.

MacD is turning up and there was a huge increase in volume in the last 30 minutes. 90EMA on the 12 hr and 1D charts are also starting to turn up with the 1D Heikin-Ashi candlestick just turned green (again could change while I'm asleep).

Please comment your ideas. I look forward to updating tomorrow morning. Cheerio!

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t.me/purple_crypto
Comment:
That should have read "it is also starting to turn up on the 90EMA on the 12 hr and 1D charts".

Cheerio.
Trade closed manually:
This trade has been closed with approximately 3% profit since this post (about 12 hours).

Watching the retracement and future trend direction before I decide to jump in again.

The future of MATIC depends very much on what happens next.

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Premium trade signals available on Purple Crypto Premium telegram channel.

Follow me:
t.me/purple_crypto
Comment:
Trader-opened briefly today for another 3.5% profit.

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