Matic is in a bullish channel (at Daily Tf) Respecting the support,.
4hr tf shows a divergence and a new trend towards upside, currently price is absorbing all the liquidity from downside before making new higher highs.
buy at CMP 0.85 something, Stoploss is marked. BTC should behave accordingly :D
4hr tf shows a divergence and a new trend towards upside, currently price is absorbing all the liquidity from downside before making new higher highs.
buy at CMP 0.85 something, Stoploss is marked. BTC should behave accordingly :D
Trade active:
trade is still active, most likely it will hit the stop loss. the overall market structure has turned bearish, BTC is unlikely to hold its current range.