Priceline of Matic Network / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000213 to 0.00000196 Sell between: 0.00000228 to...
MATIC left a whole lot of people wondering why it was massively sold two days ago. Well the answer is simple, it was rejected on the 1W Resistance. It was a move perfectly calculated on the trade idea seen below: The rise prior to the rejection was easily seen on an early stage: So what happens next for MATICBTC? Tough question given the panic on the...
This is a follow up of the last MATICBTC call where both Targets got hit (0.00000268 and 0.00000350) as you can see below: Now I have found an interesting correlation for those of you who want to take some more risk. The similarities with the May parabolic rise are strong. That sequence is divided into two parts: first and second rise, the second being 80%...
Priceline of MATIC Network / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area can be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00000166 to 0.00000164 Sell between: 0.00000171 to 0.00000178 Regards, Atif...
Priceline of MATIC Network / Bitcoin cryptocurrency has formed bullish Butterfly pattern and entered in potential reversal zone. This PRZ area can be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00000173 to 0.00000169 Sell between: 0.00000177 to...
MATICBTC has been fairly stable following the early August bottom and last week posted a strong rise that almost reached the June 30 High. The 1D MA50 was a Resistance then and it has turned into a Support now. This appears fairly symmetrical to me and the fact that it is now pulling back makes me believe that the pair is after its Fibonacci levels. Next targets"...