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umur.ozkul
Dec 10, 2019 10:43 AM

Bullish move in Fibonacci Channel Education

MATIC Network / BitcoinBinance

Description

It looks like MATIC is again climbing in a channel. LONG Opportunity

On the way up there might be a resistance from SMA50 sending it back to the channel bottom (276 Satoshi)

However, eventually, I expect it to climb up to the channel top (344 Satoshi) (SHORT Opportunity)

And then back to the bottom of the channel (approx 276 Satoshi) (LONG Opportunity)

This is the same climbing channel I mentioned in A Peek to the Past:


Just a possibility... Curiously watching if the Fibo channel is at work again

Comment

Pierced SMA50/15m

Comment

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.
Comments
umur.ozkul
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.
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