Eyeing Matic at 103
Updated
I am bullish on the project long term with the potential Coinbase listing. My bias is the bottom is with the high volume breakout. 103 Would be a good area to enter a safe long.
Trade active
Wow! buy zone reached to just about perfection. Matic rebounded nicely and has found resistance at the .618 fib price of 139 sats. I am not well versed in EW but if this is a new wave 1, then this Wave 2 should retrace 50-60%. That amount lines up just about with the 0.382 fib at 117.
Not financial advice,but I want to see what happens by layering some bids around 117
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