BINANCE:MATICUSDT   MATIC Network / TetherUS
Fib Time Zone date - 12 July 2021

close 25% or 100% at the 0.618.

Matic pattern easier to trade at the moment, bitcoin is a mess and ETH is following a channel and mainly pumping at night for me at least EU. Matic looking like the straight forward trade here, you can long matic on Bybit.

https://www.bybit.com/trade/usdt/MATICUS...
Comment: key is waiting for 12hour candle break the triangle with volume above the 50 MA , no break no trade

Comments

Isn't the symmetric triangle typically a continuation pattern? So in this case shouldn't it go to $0.80?
Reply
Sporia egah59222c
@egah59222c, Its not a symmetric triangle , if the pattern is less than 3 weeks, it is usually considered a pennant , key is waiting for 12hour candle break with volume above the 50 MA.
Reply