If you are looking at this, you know Matic has been flying. I know nothing of this coin, nor have I ever charted it before. So just a quick plot, mostly tongue-in-cheek but who knows?
191-192 best not even tested, but if so better bounce like a Super Ball. 279-285 really ought to cause a pullback, but if not then like Holy Cow. 334-347 really ought to burst the bubble, but if not then like Seeee Ya !
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See some of my other ALT coins plots below. (usually more serious and real) I also plot Forex and some Stocks, check my profile page.
BQX bottom (maybe)
ZRX breakout
XLM breakout
ADA breakout
IOTA Top
DASH top
ONT top
Of course, I have had total FAILS on some plots also, not going to pretend. But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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Thus far the resistance has proven itself, but just got a good looking ping on the blue 5.618
Zoomed in we see a near EXACT reflection of the blue 5.618
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Beautiful ping where wave 3 might have peaked
Zoomed in we see just how precise that was
Fibs dont Lie
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Looks to be on launchpad 8, preparing to ignite engines
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Gonna prove me wrong again? That "impossible" resistance dont look so impossible no more
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Yup, Band 9 destroyed have tailing stop reallly really close now, this could collapse at any instant
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Oh boy, about to leave orbit I think also very carefully here, instant drop of 3-4 bands could happen .
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Wow, talk about a possible "Blow Off" top have closed 75% of position, plased SL at Break even on remaining position, and will toss those coins into my hodl bag until next moon or until SL is hit.
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Wow, impressive finding even a hit of support his high up in orbit This fligh might not be ova yet
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Trade closed: target reached
Surprised to see it have decent support just one band down prolly prepping for a fomo trap before the real retrace (or crash)
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Sorry for lack of update, had closed trade so forgot about this one until alarms went off. Currently eyes on 409-422 zone must hold or starts to look like collapse. Lower supports will only slow the drop IMO
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We just had a rejection from the downward Impulse from the top Does NOT mean 'ded' or 'crash', just that it might take a few attempts. But the purple 2.618 needs to hold, break below that would be worrisome ....
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