ssari

MATIC.BTC (Y21.P5.E1).Nice formation

Long
BINANCE:MATICBTC   MATIC Network / Bitcoin
Hi All,

Its been a while since I did a static post and I tend to post these elsewhere, refer to my signature.

I am in the belief that BTC will try to get to 36.5k and doing so will give some of the oversold ALTs a chance to rally.
Here with this formation makes sense however it can easily go the other way, if I get my count wrong.
Hence wait for confirmation with the break and a few other trading check lists.
Eg. indicators, MA cross over and BTC at the time.

All the best,

S.SAri


s3.tradingview.com/s...shots/c/CidDfHcV.png

Looking at the daily, we have the 50 EMA as resistance. Breaking this will be confirmation on the 4 hrly
s3.tradingview.com/s...shots/c/c0GnNYmx.png


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