arua_s

arua_s

This is my analysis on the weekly chart of MATIC USDT PERP. Considering Fib retracement, Elliot wave and Trend lines. N.B. This is only my personal opinion based on my own analysis and should not be regarded as financial or investment related advice.

arua_s Updated 

According to my analysis, the fifth wave of the downtrend on BTC should be complete and now the wave A scenario should playout. I have taken into account two possible retracement level of the 5th wave. Price maybe heading to a 38.2% retracement ($39,805)before continuing downwards or a 50% retracement ($ 40,200) before continuation. Lets see. N.B. This is only...

arua_s Updated 

This was set up since I was counting a 50% retracement of the last uptrend and entered into the trade after the continuation of the uptrend was confirmed. Also an upper trendline breakout gave a confirmation of the opportunity to go long. N.B. This is only my personal opinion based on my own analysis and should not be regarded as financial or investment related...