Triple falling wedge. I know its early but it looks to be forming a falling wedge.
Matic has produced a little bull flag post falling wedge, upsides expected. A rounded bottom can also be observed. Included Fibonacci retracement levels.
Another falling wedge can be observed following a large falling wedge produced after a large drop in a short time frame.
Priceline of Matic Network / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000213 to 0.00000196 Sell between: 0.00000228 to...
As you can see MATIC has broken out bullishly of the falling wedge formed due to the sharp drop that occurred. 0.236 is a possible resistance point for this bullish breakout, if this is broken MATIC will push higher.
As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..
After testing the low climbed to the resistance area and testing it. Next leg can be 230
At the time of writing, MATIC is trading down over 50% at its current price of $0.018, which marks an astonishing retrace from its recent highs of $0.042 that were set just a few days ago. This latest drop was incredibly sharp and sudden, and happened over the span of mere minutes. This movement erased tens of millions of dollars off of MATIC’s market...
MATIC Flash crashes to uptrend line, honestly I have never seen a move like this in my two years of trading, such a sudden drop, difficult to make any predictions of next price movement. Remember to all MATIC longs its only money! Posting this for reference in future.
Eliote Waves than ABC correction and take 345 as Support before next run?
IF YOU FOLLOW ME I SHARED THIS THE 19TH SEPTEMBER AND CLOSING AND SELLING MY BAG NOW. I COST AV AS USUAL AS U CAN SEE IN ALL MY POSITIONS IM CLOSING MOST OF IT, STILL ABOUT 20 POSITIONS TO CLOSE. KEEP CHECKING AND CHECK PREVIOUS CHARTS
MATIC/BTC I have been watching MATIC for over four months and slowly but surely my first Long-Term prediction is being fulfilled. Since we did enough deals on it, I decided to remake this chart and prepare a new Long-Term prediction. MATIC is located in a growing channel whose trend lines are consistently respected. Today he again touched the upper channel trend...
Retest Support(168/169) than bounce?
Priceline of MATIC Network / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area can be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00000166 to 0.00000164 Sell between: 0.00000171 to 0.00000178 Regards, Atif...