$MATIC #MATIC #MATICBTC Analysis Fading Volume We got nice bounces of previous Fib Levels Now it's weak on 0.618 Expecting .618 to be broken soon Possible Trade ideas on chart
Just like i wrote about the Celer/BTC IEO from Binance, Matic/BTC IEO gives another side of the story. While people got dumped on on Celer, Matic provided another perspective by pump straight off to deliver well over 400% profit depending on the trading strategy you using.
In case of flat correction, setup looks amazing, worse case is if correction will extend. I personally don't play this, just curiousity in my head. Wanna check what will happened.
Looking for entry at two support ranges with same order size. Fix profits will be at 250-260 level area with 25% averaged profits.
Hi Artem is here! Price showing regular double top with bearish divervegence. To trade on retracement I am looking for bullish divergence and rebound to the highlighted levels on the chart! Entry levels: 0.01548$ 0.01064$ Target levels: 0.02270$ 0.02725$ 0.03490$
Price showing short-term bullish divergence, and according to my observations of the movement of prices between levels of hype Fibonacci extensions, means price top at 2.618 level, it might go to Fibonacci level 1 and rebound up to 1.618 and 2, and after it crashing down to 0.382. But it seems this should follow in celrbtc chart as well.
Price located at triangle structure, so we are looking for rebounds near fib levels, watch carefully as RSI not in oversold or overbought area, so breakout is important
Huobi token not interested in the market before the new release of IEO Until April 16, the asset is not interesting because short is not where
Big hype around IEO and Exchange token (cap Bix $58,000,000,000 vs $160,000,000,000 Kcs ), amount of trades ($600,000,000,000 Bibox vs $20,000,000,000 Kucoin)
As TA shows above that HT is very bullish at the moment. Considering Huobi's upcoming token sale (ICO, IEO or whatever they call it) will create a higher demand. Also Huobi stated that the other upcoming token sales will require investors to hold at least 500 HT for 30 days in order to participate in token sales which will cause a lot higher demand. This is not...