MATICBTC Dead cat bounce 100%+As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..
MATICBTC
MATICBTC testing hourly trendline for further gainsAfter testing the low climbed to the resistance area and testing it. Next leg can be 230
Should pop soonClassic bullish divergence pretty extensive one to be honest. Just might bust out to the upside with a vengeance reclaiming a large portion of the exit scam dump candle that trapped alot of bag holders eager to excape, I'm sure...
SHORT BTCDOMAs I stated in my weekly market wrap up on Sunday it looks like there was an unnatural pump that was used to trap people in their long positions. If you watched the wrap up you would have anticipated this and gone short altusd pairs and profited BIGGLY as I did with ETCUSD short. Now however it looks like it might be time for ALTBTC pairs to get a little hop in their step. I dont usually go long on margin so Im going to let my physical long positions play themselves out and wait for another hedging opportunity should it present itself. That being said there is a really good but scary opportunity that is still a viable option for MATICBTC pair. Im still in it and will be adjusting my stop loss down a little further thus taking on more risk but I feel like this is one that is set for a massive bounce from the panic dump as indicated in the video below posted this morning. Looks like ZECUSD was a perfect trade as well. I made alot of money today so Im hoping alot of you guys did today as well. TNTBTC is however following the market mapping I plotted almost down to the tee. Everything is looking great!!! Now Im just going to wait for MATICBTC to play out and then Ill take a break so my ego doesnt get the better of me.
God Speed Gents,
Mr. Lucifer.
MATICBTC LONG AFMassive panic dip buying opportunity. Massive bounce is coming. Great RR. Practice good risk management.
God Speed,
Mr. Lucifer
Trader be warned; do not enter unless you know your exits/stopsBINANCE:MATICBTC is clearly giving that look again; one that looks as if the bots/HFTs are accumulating even more than before. Quite frankly, its the time now and Sandeep (MATIC CEO ) has left some whales beached; sand-deep in holding bags that could not support the liquidity. Due to numerous and massive nulls/voids left in the last "pump & dump." This group is reckless, just by the way they ran up the prints. Crypto for you, millionaires that have yet to figure it out; or have a clue. I do not recommend this trade to anyone unless you are a professional trader. Retail traders are to be warned; if you do not understand what selling into liquidity means. Do not, and I repeat; do not enter this trade. Greed will overcome many with these types of "hype" coins. The fundamentals have existed for at least 2 full years and the promise to "revolutionize" the competition. Would be your effort in saving a beached crypto-baby whale; Sand-deep taking your capital in funding their wallet with the liquidity they need to fill.
Matic NetworkIn order to invest in low-volume coins, you need to look at the bid and bid details.
-MATICBTC-
Suddenly a huge drop touches the mid-term uptrend line and remains in place.
Check if you can climb between the box interval 0.00000212 ~ 0.00000254.
-MATICUSDT-
Long-term uptrend line is supported.
Suddenly a huge fall and broke all important points fell.
The spot below 0.01316 is a medium-term investment area and should not fall.
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Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.
MATICBTC at resistance We might be running for w4 of small waveC
if it drops below .192 sat no bueno
...goes above .201 sat is good for short time traders.
and alsow3 is stopped at 1.168 fib so guess where W5 of C would be
RSI needs to cool gain some momentum
... you know what I would like to see .....Bart pattern..oooh boy that would be such a r.coster
MATIC Network (Dec 14)#MATIC/BTC (Binance)
Entry Zone: 190 - 195
Take Profits: 210 - 230 - 250 - 275 - 300 - 325 - 350
Stop Loss: 179
#Matic is not #Bitcoin#Matic is not #Bitcoin (& this applies for any altcoin)
On altcoins you want to follow trends,not to buy cheap
Most of this assets are worth 0 but temporarily hyped
Buying here can be as bad as buying ATH a few days ago
Until it restores its trend up,stay away & play safer bets
Matic Has Potential Power To Increase. Dont PanicHi everyone,
Matic broke the falling wedge resistance.
MATICBTCUsually, Bart pattern makes it up( this case)but ABCDE shows that it might go one more down
also Daily RSI is about to decide
MATICBTCThere is a possibility that is a bat pattern in the MATIC-BTC. That is just my opinion and there are 2 targets in the graph that is shown. Do not forget to use stop-loss.
MATICBTC | D | GANN WHEEL & SQR SETUPMatic pump and dump is done, major structural damages happened. This is maybe it for matic.. and to remain bearish for a while.. good luck.
Second ring retracement.. this is not looking good:
Cheers,
Keops
MATIC/BTC 4H Analysis - Craziest Move I've Ever SeenHey traders, today we're looking at the coin MATIC due to popular demand. MATIC is one of the most traded coins on Binance, if not the most traded one.
Within the span of 12 hours, MATIC lost over 60% of it's value. I saw this move coming a mile away.. MATIC tried regaining it's uptrend and failed, so the coin followed normal market cycles and retested the previous support at 216 sats.
Now don't FOMO into Matic, please trade this coin with caution. Entry should be along the 216 support level and target should be at the previous high at 563 sats for a 156% gain.
Feel free to join my telegram public groupchat to discuss more of these altcoins in greater detail.
As always please do your own research, I am not a financial advisor.
MATICBTC Why surprised? This should have been expected.MATIC left a whole lot of people wondering why it was massively sold two days ago. Well the answer is simple, it was rejected on the 1W Resistance. It was a move perfectly calculated on the trade idea seen below:
The rise prior to the rejection was easily seen on an early stage:
So what happens next for MATICBTC? Tough question given the panic on the market but based on the 1D RSI, we've just hit a support zone. If the price follows a 0.382 Fibonacci retrace and is rejected we may repeat a 2nd selling wave towards the 1W Support, which should be the next long term Buy Entry.
