I wish I could short Matic. Stopped at the Monthly P and 50 DMA. Perfect combo. If it breaks and closes above this could have legs, but I currently doubt it.
In this chart we have nice cup & handle Big resistanse shown whit red line. I think if broken 370 resistanse going 454 sat in few days. This charts only my idea.but its good idea Big resistanse:370 Final target: 454
Matic is breaking down all trend lines, does not look good to me. Possible targets are in chart
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$
$MATIC Retraced to the 0.618 and bounced hard; coming up on some resistance at R1. Personally I would be taking most of my profit there, maybe R2 if we get a wick. If we manage to close back above R1, I would consider that very bullish. Until then, bounces are for selling.
This Bearish Deep Crab extended to 2.618. I assume the reversal is starting here. T1 : 434 T2 : 400