Short

$Matic - Classic chart - 80% Drop - Target $0.25

Updated

Matic printing Bearish Flag pattern, can potentially drop over 80%

Matic & Bitcoin has similar pattern & Check out the comparison

Target $0.25

Trade closed: target reached

My $1.2 Target is reached. So, closing the idea.

can extend upto $2

Unless it breaks out Bearish Flag, can drop to $0.25

Trade active

Reopened shorts & stick to the Target $0.25

Note

Closed my shorts in the morning. Seems like one more leg up until Fed meeting & then will short

Note

Reopened the short & wish me good luck

Trade closed: stop reached

Seems to be bullish

Trade active

With FED Rates Hike I'm activating this idea. BEARISH

Trade closed manually

Despite Rate Hike & no Pivot in 2023 Market looks quite strong

So closing this idea for now

Trade active

Re-activating the Bearish scenario & Re-opened shorts

Heavily over bought

Trade closed: stop reached

Need confirmation on bearish scenario until then closing the idea

Trade active

Finally this crap broke down from falling wedge

Trade active

Gem-Hunter

Also on:

Related publications

$Matic - End of PUMP Era - Retest $0.3

by Gem-Hunter

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.