MATIC has been supported in the orange band.
There may be one last push high if the 50MA is breached (also the 1D mid BB) at $0.86
IF that occurs, MATIC could push to $1. Where I will enter a SHORT. Near the upper BB and 200MA.
Good Luck.
There may be one last push high if the 50MA is breached (also the 1D mid BB) at $0.86
IF that occurs, MATIC could push to $1. Where I will enter a SHORT. Near the upper BB and 200MA.
Good Luck.
Comment:
A start would need to flip resistance to support at $0.84, which MATIC is testing currently.
Trade active:
$0.905 is the 50% retrace from recent high to low. MATIC did not hit that price or break above it. The order book was full of sell orders at that level (and still is). Will this be the lower high in LPSY?
My SHORT did Grab at $0.893 with a S/L of $0.915
My SHORT did Grab at $0.893 with a S/L of $0.915
Comment:
Distribution top. As long as this plays out correctly and UTAD rejects near $0.905, I will add more to my SHORT.
Distribution top. As long as this plays out correctly and UTAD rejects near $0.905, I will add more to my SHORT.
Comment:
Following structure, I just added more SHORT at $0.897, Now I am looking for MATIC to not make another local high.
Following structure, I just added more SHORT at $0.897, Now I am looking for MATIC to not make another local high.
Comment: