Cryptorphic

MATIC/BTC Breakout incoming.!!!

Long
Cryptorphic Updated   
BINANCE:MATICBTC   MATIC Network / Bitcoin
Hello guys, I'll keep this short.
Hope you all are making good profits in this market. Just FYI This is just the begining and Alts will show more positive price movements. BTC Dominance is falling which will eventually push the alts.

Coming back to the chart. We can see a Triangle breakout is incoming. Volume is increasing.
In the other hand, It has tried multiple times to break out of the triangle.
Trading above both 50D and 200D MA.

I'LL BUY IF IT goes for a dip.
Two scenarios has been shown in the chart.
Comment:
Scenario 2 is in play
Comment:
Since BTC Dominanace is picking up it's important to understand that Alts needed a correction. Honestly I didn't see that coming until I saw the Bullish engulfing on Daily chart of BTC Dominance.
Let the daily close. I am bullish on Matic until we hold 189

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.