Long
Matic to 1.01
Resistance sits at 1.01 along with the blue .25 fib.
There is a head and shoulders pattern at the top but the measured move hasn't been hit yet. I suspect this makes a relief rally then drops by the end of November 2022 down to 0.19, I know that sounds scary but that is where the measured move gets to.
some confluence... BTC has a CME gap still open at 9.8k, every 4 years the price drops hard in NOV DEC 2014, 2018, and now 2022... Look at the BTC USD on the binance chart, 1 year ago they tested the 9.8k range in their "flash crash"
There is a head and shoulders pattern at the top but the measured move hasn't been hit yet. I suspect this makes a relief rally then drops by the end of November 2022 down to 0.19, I know that sounds scary but that is where the measured move gets to.
some confluence... BTC has a CME gap still open at 9.8k, every 4 years the price drops hard in NOV DEC 2014, 2018, and now 2022... Look at the BTC USD on the binance chart, 1 year ago they tested the 9.8k range in their "flash crash"
KRJcrypto
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KRJcrypto
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.