MATIC Update - 06.01.2024 / Great local Long setup
1 hour chart: we observe the coin moving in an upward order flow through the structure breaks in the Long and buy pattern, then got a reversal, coming to the FTA in the form of a monthly block order zone.
Over the last couple days failed and took out all the compression and liquidity behind the key low, then got a reaction and formed a TDP and stb zone of interest.
Also left magnets to deliver price from above, namely daily imbalance, compression, liquidity behind the key high.
So, expect a nascent long order flop on ltf through structure breaks, after which I will consider positions on this asset!
❗️ Not financial advice, always think with your head.
Over the last couple days failed and took out all the compression and liquidity behind the key low, then got a reaction and formed a TDP and stb zone of interest.
Also left magnets to deliver price from above, namely daily imbalance, compression, liquidity behind the key high.
So, expect a nascent long order flop on ltf through structure breaks, after which I will consider positions on this asset!
❗️ Not financial advice, always think with your head.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.