I rebought at 49 once my previous bottom chart was invalidated, glad I did. 54 is currently holding as strong as can be, expecting price to go up from here, or potentially double bottom and then rise up. Invalidated at 47
Let's get up from here? The bearish wedge is ending, the RSI is oversold, the stochastic RSI is oversold as well. The selling force seems to be exhausted.
If we design the last pump, we will go to the 80 satoshis soon. I'm betting my chips here, let's see.
This is not investment advice, I'm just showing you what I'm going to do.
Sell pressure has been decreasing dramatically with price leveling out around the high 50s. Sells are also thinner and buys have been thickening up. Slight bullish div. spotted. Hoping for either a spike of volume or a steady climb upwards. If we break the bigger walls at 55-57 then this will be invalidated and I'll continue to wait for a lower entry.
MATIC
We have our first bullish div on the 4H, however I still believe it's too soon to long.
I layered the overhead resistances in white in case I'm wrong and it moves up from here; they would make good take-profit areas.
Matic btc analysis using Elliott wave and harmonic and gann and some of techniques analysis
BUY ZONE: 62~64
Short term TARGET : 68~72~75
Mid term target : 85
Stop loss close one candle 4 hour below 60
Waiting for movement one way or another. I'd set a buy down around 68 if it weren't for btc in such a precarious position, as well as the rising btc dominance. Gonna sit back and wait, might catch a significantly better entry.
