A peek into the past Education

MATIC Network / BitcoinBinance

Description

⋅ Dec 10, 2019 4:26 AM

MATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel.

Two detectors predicted the top

Golden Ratio Top Detector (UO_GRFM)
Mayer Multiple

Golden Ratio Top Detector also showed the potential bottom correctly.

Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting.

Also note that is about to jump to an upper Fibonacci channel(78.60%) from 100% channel-- very bullish if this happens

Comment

⋅ Dec 10, 2019 6:17 AM

EMA21/15m was strong resistance. The party will start once we are above EMA21 on 15m

Comment

⋅ Dec 10, 2019 6:33 AM

SMA13 providing good support and it is still in the upper channel. It will try to pierce EMA21 once more

Comment

⋅ Dec 10, 2019 9:51 AM

Pierced EMA21/15m

Party time!

Comment

⋅ Dec 10, 2019 9:55 AM

After leaving EMA21 behind, the next resistance is SMA50/15m

Comment

⋅ Dec 10, 2019 10:02 AM

What I expect: The channel top is at 341 Satoshi. We will bounce back to here from there...

Comment

⋅ Dec 10, 2019 10:50 AM

More details about that here:

Comment

⋅ Dec 10, 2019 12:44 PM

Pierced SMA50/15m

Comment

⋅ Dec 10, 2019 3:05 PM

SHORT. I fell down to the channel below. Renko bars are bearish. It was good while it lasted. Now we will see if it forms a higher low.