allkrystals

MATIC-BTC Bounce

allkrystals Updated   
BINANCE:MATICBTC   MATIC Network / Bitcoin
MATIC shortterm bullish signs.
Downtrend channel and 120sats resistance is broken and MATIC is heading north.

MACD - goldencross - bullish.
MACD histogram - buy signal.
RSI - neutral.

This idea is for education purposes only, not buy / sell recommendation. Always do your own research.


Comment:

Bearish rising wedge on 15M chart would mean that more attempts may be needed to cross a 130sats resistance.
Comment:
MATIC (together with LINK + other top alts ) looks like very promising block-chain project with real adaptation.
It is hard to make longtime analysis for alts with nowadays Bitcoin market dominance above 70%.
Be prepared for more altcoins dumps, watch S /R, compare with The King (BTC) and do your own research.
Have a beautiful evening.

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