Been paying attention to MATIC as the price has pretty strong surge for the last few months now.
Looking at the price action on the lower time frames, we can clearly see bullish price action to continue push the price up.
Smaller impulses and corrections are good sign of the continuation trend, which is what we see here.
The latest price is once again correcting in the consolidation, further adds confluences to look for buy opportunities.
Wait for this current correction to end and look for buy entries up to $2, and if price can impulse break above, the look for further LTF continuation to scale in more buys.
Do you think there will be a big dip coming up? En what will happend next?
jojofang0901
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@RobinDeWolf, Well anything can happen of course, so we manage the trades accordingly. At least so far the price is bullish and continuations. When lower time frame price action start to develop otherwise then we manage it by moving up SL or take partials profits, whatever that is suitable for your plan :)
geekpe
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great work i read late this.... on 13-14 i was checking this token
but was around 1.20usd i think "i miss the train"
besides btc is inestable i consider this not could move much (my error)
could back around 1usd but this push hard over 2usd
this is like ada very explosive to pump
jojofang0901
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@geekpe, Well its best to look at each crypto individually. I know lately ppl are somewhat skeptical about BTC movement, but that doesn't mean it will affect the entire crypto market.