Many #Altcoins had local double tops after the recent run up which look like they could form W bottoms.
Scan your favorite coin and it likely created a local double top or ran into long term trend lines.
Top of the pattern which would become triple top if failure to break the neck line.
SL: 2-4% below entry...
Today, I’m going to share something that’s a bit of a secret among those in the know. I will shed some light on the first secret today, which is the volume.
The first topic for today is the volume. What you see is a chart that’s a combination of 10 minor cryptos weighted based on the volume to create a single chart for us to analyze. This is part of my basket...
MATIC is now testing the inflection point after breaking out of the supply line and is hanging above the pending confirmation low. We have gotten follow through price action from the bullish divergence and we are waiting to see where it will take us, as it’s still not over and the momentum could continue to strengthen. A backtest of the .75-.76 area to print the...
The yellow rectangle marks the cup and handle pattern on the daily chart, but after breaking through 1.0166, the price did not continue to rise, but fell below 0.8488, invalidating the pattern. And MATIC presents lower high and lower low.
The current price is around 0.7293, where a pin bar has previously appeared and made the price rise (arrow), and the highest is...
We commence to make you – jump, jump,
The Mac Dad’ll make you – jump, jump,
The Daddy Mac’ll make you – jump, jump,
Kris Kross will make you – jump, jump...
As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next...
Hi guys, look what I have found.
I like this chart that's model is my model.
For the model to work i have to wait.
It's a monthly chart so we need to wait for few more month probably.
I'm sharing a biggest opportunity if you're a trade.
A BIG SHORT PROBABLY.
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So there is a chance here we have already started a new uptrend which will be wave 3 - I expect prices to go up to around $9-10~ for this wave 3 if it is indeed one - besides that I have added blue reaction lines to tag a potential reversal in the future.
Hello dear Traders,
Here is my idea for #MATIC
Price closed below yellow line (previous month low)
Price closed in 15 Minute chart below purple trigger line -> Enter Trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
MATIC seems trying to expand 2 channels. The lower channel may be reached sometime early Jan2023. For now, Matic is just consolidating lately holding the 0.624 zone. This zone is where my important Fib levels are located like 2.618, 0.618 & 0.786.
The ABC corrective wave most probably ended. All MATIC have to do is to hold 0.624 until early Jan then the next...
MATIC repeating ETH's first run : UPDATE 2022
check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on.
there is always another train through the station as long as we haven't nuked ourselves...
MATICUSD has hit this support zone multiple times with a bounce to the upside but never making it above the 200EMA. And here we are again with the same story. We have oversold on the RSI levels and still significantly in a downstrend, BUT a good opportunity for a decent quick move and profit. I think it can clear 13 and 50 EMAs easily as those have not been...