Matic Head and Shoulders - Waiting for signal
Depending on how this lil 4hr head snd shoulders plays out, you may want to short if it breaks the neck line.
However alts are going strong we could see neck line hold, RSI is diverging heading down while price is Side ways... we could see the RSI hit an over sold, as it dips below the neck line...to then recover as something like BTC blast through a new level.
However alts are going strong we could see neck line hold, RSI is diverging heading down while price is Side ways... we could see the RSI hit an over sold, as it dips below the neck line...to then recover as something like BTC blast through a new level.
Comment:
Looking at it closer the right shoulder could have been from Aug 27- sug 29th and then bounced off the line of 1.32 on the 30th... Could have missed it and see the bounce already happened lets see if it retest it.