Similar to Monero, Matic is another cryptocurrency currently trending within a falling wedge bullish continuation pattern I've shared with my group. These are expected to rally to the upper Fibonacci extension targets at some point, though a tactical shakeout may occur first to weed out weak-handed retail traders. I'll jump in at the first breach of upper wedge resistance with demand volume confirmation, and vice-versa invalidate the swing if we pullback under support with predominance in supply. It's always better to be safe than sorry and live to experience the joy of the reversal! Good luck to everyone.
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been swing trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts, see all the wins for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been swing trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts, see all the wins for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
Trade closed: target reached:
1.618% Fibonacci smashed. Right on the money. Good job!
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