iricha1

iricha1

Overall still bullish, but It appears on the 4hr chart we are at the bottom area of the head on an inverse head and shoulder pattern. Inside the head area we could be forming a smaller H&S pattern as well. You can see after this first inverted shoulder has gone up to 41-42k, we could drop down around 27k whic would also be right above the long term trend line for btcusdt.

iricha1

Looks like we are definitely forming the right shoulder of a head & shoulder pattern which after it peaks around 45k could mean a downtrend for a period.

iricha1

A few patterns have formed on Matic. #1 We are inside the middle "head" of a inverted H&S pattern. #2 We are at the bottom of a downward sloping wedge pattern within the bigger H&S pattern indicating a strong move back out of a temporary consolidation period.

iricha1

Kraken + fork + good TA looking bullish for polygon/matic

iricha1

Price has maintained inside longterm trend channell but is looking like its at bottom of channel and may also be forming a cup & handle pattern as well which just made bottom of cup so po=ssibilities of upside gains are looking stronger. Chart also coinsides with bottom of trend channel on matic/eth pairing aswell.

iricha1

There's a clear trend with matic/eth and it appears we are at bottom or close to bottom of trendline support. Eth just hit 3500.00 and is doing a bit of consolidating. I see matic as a good coin to move eth gains to temporarily. This chart also coincides with a near bottom on the matic/usdt chart showing a possible cup & handle formation. I see big gains to come...

iricha1

What more can we ask for here? Tron is sitting at strong support(80% retracement) which is also the very tip of the descending wedge formation which can be extremely bullish once breakout occurs. RSI is still very much oversold but we are still rather close to the 20 & 50 day moving averages still. Once this market turns I believe good things are to come with the...