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Etipton04
May 23, 2019 2:51 PM

Golden cross 3X for MATIC spells another run to the upside Long

MATIC Network / TetherUSBinance

Description

the EMA and SMA 20 on the hourly are crossing above the 50 and 100 EMA and SMA. predicting a slight pullback to complete the wave then a breakout of the bull flag to create a new flag post to the upside. Target 0.048. Timeframe: next 1-3 days granted BTC doesn't fall apart. Pullback may drop as low as 0.0185-0.0225 as market depth is very even ATM.
Comments
MysteriousPersian
while i like the idea, my opinion is the general fragility of the crypto market combined with the cratering of the price of over 50% leads me to believe this is a top. Id be patient here and wait for it to retreat significantly and flatten out before any more crazy action like we saw on the 21st.
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