Hi everyone,
This is early to tell but based from MATIC's price movement against USD, we may be following the Distribution Phase of Wyckoff Method.
Initially, we may have already reached the Buying Climax (BC), with this it had an Automatic Reaction (AR) then went up to do a Secondary Test (ST) of the Buying Climax (BC).
What's next? We're looking for sign of weakness (SOW) that should be lower than the Automatic Reaction (AR).
Like and follow for more updates
This is early to tell but based from MATIC's price movement against USD, we may be following the Distribution Phase of Wyckoff Method.
Initially, we may have already reached the Buying Climax (BC), with this it had an Automatic Reaction (AR) then went up to do a Secondary Test (ST) of the Buying Climax (BC).
What's next? We're looking for sign of weakness (SOW) that should be lower than the Automatic Reaction (AR).
Like and follow for more updates