Up down middle...who cares - I trade with confirmations and dollar cost averaging.
Please note that I am not your financial advisor and this is only my opinion on the current market patterns
MATIC is an interesting coin.
Backed by Coinbase Ventures
Since early May, it's up over 600%
Fairly high circulation of 2,160,114,068
Highest BTC paired volume on Binance by a long shot
You can see from the common patterns it's formed, it appears to be quite a predictable coin. Bull flags have ended with breakouts. Bear flags have ended with a fall....
siamo al terzo impulso rialzista il trend long ha raggiunto un livello di ritracciamento quindi mi aspetto a breve che possa ritracciare e poi ripartire buy zone segnalata dal rettangolo
If you are looking at this, you know Matic has been flying.
I know nothing of this coin, nor have I ever charted it before.
So just a quick plot, mostly tongue-in-cheek but who knows?
191-192 best not even tested, but if so better bounce like a Super Ball.
279-285 really ought to cause a pullback, but if not then like Holy Cow.
334-347 really ought to burst the...
Matic/btc analysis now matic are going down to 125~107 we are waiting it to buy from it i will update the analysis when we are arriving the targets to buy it or not (:
Hello everyone.
MATIC has been a chicken with its head cut off. 400% in a week.
That alone tells you, we're most likely due for a deep correction.
**HOWEVER** chartwise, we could have another leg up. Its self ex-fucking-planatory on the chart.
What does everyone think? Right now, its primed to move up again. We're staying in the channel, and have had a...
Important bounce zones and trend lines. 160 is an area every matic holder should be on the lookout for. Won't be long till the next bitcoin move. Neutral - short
MATIC
Clear bearish div here on the 4H; so far the volume doesn't support the case that we'll break R1 to the upside here.
I would like to see S1 support hold on a retest, maximum S2 below.
If we break to the upside, final target would be R2 at 199.
Matic/btc now are going to visit 139 Satoshi for some reason
First reason we are now in the 5th wave in the Elliott wave
Second reason we have a head & shoulders
Third reason now we have a harmonic pattern that show we are going to visit 132 Satoshi
So the buying zone should be between 139~130 Satoshi
And if the price down to 103 we will buy again
Target...
Price has made significant bullish rally lately. Looking at the patterns of the movement we can see that those can easily be defined as waves in the Elliot wave theory. The price made the first bullish rally, defined as wave 1 in the five wave structure. This is an impulsive wave which means that a correction in the other direction should be the next wave. That...
