Hey Everyone,
BINANCE:MATICUSDT price first consolidated then accumulated which led to clear and successful distribution. Imbalance area need to be settle and therefore we aiming at that region from which price will rebound correctly. Be patient and let price do its things once it falls in our entry zone, take swing entry.
Happy New Year in advance ;)
12h time frame
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MATIC is creating a potential double bottom structure. Taking a step forward to the lower time frame, MATIC just retested 0.5 Fibonacci Projection, which final target is 1.47. Also, use Fibonacci Extension on the wave from 1.568~0.492, it shows the first target at 1.44, which is closer to target from Fib Projection, and 1.44~1.47 is the neckline...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors .
Trading suggestion :
📈 MATICUSDT - Polygon
Sell Now or sell at @ 0.8210
Stop Loss @ 0.8542
Take Profit 1@ 0.7250
Take Profit 2@ 0.6200
Take Profit 3@ 0.4550
⛔️ Trading and investment in...
MATIC CwP Pattern | Bullish Breakout | 148% Move Expected
NOTE: Do your own analysis. Do proper risk and money management. spot trading only.
Matic was in diagonal resistance on May 19, 2021, and had a breakout on July 21, 2021. After a bullish breakout, MATIC created a very strong reversal pattern(Cup & Handle). I am expecting a 148% move ahead. Be careful if...
MATICUSDT | V-Shap Recover | Falling Wedge Breakout
MATIC After V-Shap Recover went into a long correction phase and created a Bullish Reversal Pattern (Falling Wedge). MATIC has potentially broken the wedge and then retested the broken zone.
It seems that MATIC has completed the correction phase and ready for a bull rally.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER...
