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jojofang0901
Jan 10, 2022 3:09 AM

Matic Will We See Another Bearish Move ?  Short

MATIC Network / US DollarBinance

Description


Hi traders:

Also on my watchlist for short term crypto bearish move is MATIC.

We can see a clear, higher time frame double tops,
and price move up to the highs correctively within the ascending structure.

After hitting the ATHs. no bullish continuations,
instead, a bearish reversal from the top.

Now that price is pushing down impulsively, watch for the break of the current structure,
and confirm with a lower time frame continuation correction before looking for the sell entry down to previous lows.

Comment

Price indeed impulse down, look for bearish continuation correction

Comment

Comments
ProjectSyndicate
killing it lately, great work
jojofang0901
MMBTtrader
BTC below 45K and market is still bearish
jojofang0901
baby_rhino
Great one
jojofang0901
@baby_rhino thank you
CapnStbn
Hope you've still got that short running brother!
Helical_Trades
Amazing work here
Thanks !
Seckinoldo
the H&S move looks to be completed around $2 price range depending on how you measure it. However, no matter what its going to depend on a recovery by BTC
jojofang0901
@SeckinAkter yea possible, thx for your view :)
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