Short
Going Short on MATIC
$BINANCE:MATICUSDT
Matic place an important top on July 31, by making a huge Shooting Star Reversal Pattern that day. It is making another smaller one today.
In Elliott Wave Terms, the up move seems corrective.
MACD Indicator has given a sell signal, something that didn’t happened before for about 39 days, with the blue line crossing below the orange line.
Entry: Now about $0.90 USDT.
Stop: $1.034 USDT.
Target: $0.65 - $0.60 USDT.
It should take several days to reach target.
Not a recommendation.
Good Luck to You.
Matic place an important top on July 31, by making a huge Shooting Star Reversal Pattern that day. It is making another smaller one today.
In Elliott Wave Terms, the up move seems corrective.
MACD Indicator has given a sell signal, something that didn’t happened before for about 39 days, with the blue line crossing below the orange line.
Entry: Now about $0.90 USDT.
Stop: $1.034 USDT.
Target: $0.65 - $0.60 USDT.
It should take several days to reach target.
Not a recommendation.
Good Luck to You.
Trade active
Trade active
Trade closed: stop reached
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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.
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.