MATIC is ending ABC correction and right now is in Buy Zone / Support, what is great opportunity for buy MATIC before next +20% - +50% profit ! :) In chart you can see many targets. Take profit from 1 to 4 are basic Fib. retracements. Fifth Take profit is Long - term target between 245 - 255sats because there is lot of Fib projections. Stop Loss, Take profits, Buy...
Both weekly and daily is showing strong bullish momentum, the weekly is showing both EMA's are below the price. With the daily pullback as well with the confirmation on the Stoch oversold. Looking to buy above $32.68.
A Bat pattern form up for a CounterTrend trading opportunity. A potential trend extension as the market has broken the trendline on 4-hourly but note that on the daily chart it wasn't broken. Check your data
Pending Order is set and decision on target extension will be made when market hit the default target2
Buy zone in 2969 - 2960 for intraday oportunitys, im not here for 1 or 2 points. 8-10 points can be done in a day if you trade raw price action and good zones, i dont use indicators, they confuse me. P.A is always the answer for the market you are gonna trade. Right now im taking a funding challenge for some extra money. lets show that we can do it.
Last recent buy zone for this pair at this very moment sits within this buy zone having both bullish bat and bullish shark formation setup for the countertrend trade on a higher timeframe and a trend trading setup for both 4-hourly and 1-hourly chart.
Halted at minor support area with high volume.
Overextended pull-down through major support.
Forming a accumulation zone.
This is for the next trading week.
After the large pull-down I'm looking for an entry long. I'm wary that we are in a long term downtrend hence my plan shows points of resistance where price might react violently. Especially at the 12055 area...