Switching to daily sell targets as weekly targets have been passed with exception of 1. Due to the huge rise in price the down side risk is starting to be high. Looking to liquidate percentages of at each new FIB level.
Here's a quick look at MATIC / BTC 4 hr chart. As we can see, the price has been consolidating for some time now, and we might see a bigger move to new ATH - keep an eye on this!
The idea is: Buy the breakout from the level shown in the chart and Take profits at the levels shown in the chart.
1. 700 sats
2. 736 sats
3. 767 sats
4. 825 sats
The price is testing the descending channel, after an amazing bullish impulse. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
After the Coinbase listing it is one of the few coins that didn't just collapse. Incredible strength and benefiting from adoption due to high fees on Ethereum. Beautiful cycle on the way up and the way down, with a key breakout in this area and showing strength.
Many people are asking for Matic Network (MATICBTC) so here it is...
We have a strong downtrend that started in August 2020 that is no more... It has been broken after the early January 2021 low.
We have some clear bullish signals on this chart, a bullish cross of EMA10 and EMA50, increasing volume, and bullish indicators (RSI and MACD).
MATICBTC won't stay...
Matic trying to get above the hourly ribbon here
As long as it's below it, it will act as resistance. We need some volume to get above this and turn back to being bullish in the hourly timeframe.
Still my number 1 favorite project
Very bullish on the mid-long term.
Also on the short term ( as soon as we get above this resistance :) )
Money Management Method - Pyramiding in action online on a pump coin. Matic / btc.
Big profits are minimal risk.
Stop Loss showed where to place and by what principle they move because all the zombies want to see them.
Stop Loss takes place when you are not in control of a position for a long time. But you must clearly understand where you should go when...
Look at the manner how healthy this thing is going up. It keeps retesting the ribbon and is up for a very big bullrun.
As you can see its very close to a breakout it went down to retest the support of the triangle and is now up for the last line of resistance.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other...