Education

A peek into the past

By umur.ozkul
Updated
MATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel.

Two detectors predicted the top
  • Golden Ratio Top Detector (UO_GRFM)
  • Mayer Multiple


Golden Ratio Top Detector also showed the potential bottom correctly.

Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting.

Also note that is about to jump to an upper Fibonacci channel(78.60%) from 100% channel-- very bullish if this happens
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EMA21/15m was strong resistance. The party will start once we are above EMA21 on 15m
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SMA13 providing good support and it is still in the upper channel. It will try to pierce EMA21 once more
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Pierced EMA21/15m

Party time!
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After leaving EMA21 behind, the next resistance is SMA50/15m
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What I expect: The channel top is at 341 Satoshi. We will bounce back to here from there...
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More details about that here:
Bullish move in Fibonacci Channel
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Pierced SMA50/15m
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SHORT. I fell down to the channel below. Renko bars are bearish. It was good while it lasted. Now we will see if it forms a higher low.
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bottomFibonaccigoldenratioMATICBTCMAYERMULTIPLEsmaTOP
umur.ozkul

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