without_worries

MATIC vs BTC (and USD)

Long
BINANCE:MATICBTC   MATIC Network / Bitcoin
Both 1 & 3-day charts are looking bullish for Matic. I've been waiting, watching, for a breakout of the ascending triangle on the above chart, and it now appears to have taken place with support on previous resistance. The Dragonflys on the weekly charts for both USD & BTC with Stochastic RSI on the floor for the past two months is really what has my attention, lower price action seems very improbable.

Dragonfly on the weekly chart on BTC & USD


Trade active:
That was quick... RSI support suggests continued support until March 16th together with the mouth of the Bollinger band opening whilst in the bullish half of the band, which suggests the price action is picking up momentum.

Trade active:
Kaboom - now we ride the wave until mid-late March.

Trade closed manually:
20x more Bitcoin under 24 months, amazing. Bearish divergence followed by 'incredible sell' now tells me to rotate into Bitcoin.


BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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