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Matic Network Big Dump Then A Pump Within December 2020Hey friends, hope you are well and welcome to the new update on Matic network. On daily chart, since first week of Nov 2020, the priceline o Matic token is moving within an up channel. At this time the price action of Matic network is moving down to the support of this channel. This time there are strong chances that the priceline may breakdown the support of this channel. Because, the price action is completing a Head & Shoulder pattern. While the formation of H & S the price action of Matic is also completing the final leg of bullish Shark pattern. Therefore there is strong possibility of bullish rally after this dump by the head and shoulder move. The buying and sell targets as per Fibonacci sequence of Shark can be as below: Potential reversal or buying zone: 0.00000085 to 0.00000076 btc Fibonacci projection or sell zone: 0.00000095 to 0.00000115 btc Conclusion: There is a possibility of extreme dump, for the completion of final bearish leg therefore we can place our buying orders in PRZ level of Shark move. But the same potential reversal zone should be used as a stop loss as well.
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by moon333
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Nearing KEY support levels can it hold & continue up?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
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by CryptoRush_
MATICUSDT AnalysisI am neutral about MATIC while EngineeringRobo remains bearish. If you are holding MATIC right now, you should be watching closely to see if the candles break back up or break below the support level 0.017. IF they break below the support level, you should sell after the open / close confirmation. If you are interested in buying, if the candles break up and open close above the support level, that would be a good time to buy. Other buy options include: -Waiting for EngineeringRobo buy signals - Open close/close above the MA200 line After you buy, watch closely for EngineeringRobo sell signals! If you want to use EngineeringRobo, DM me!
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by DanFox0x7C6
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Matic Network Tetherus USDTIn fact, everything that is drawn in vain depends on Btc. The basis of this work is btc. I don't know anyone else. etc etc we can say. Is it true? partially correct. Bitcoin is very powerful and is the engine of this business. But it should not be forgotten that many coins create their own projects and networks. One of them is Matic Network. The fact that btc ate ​​shorts yesterday and matic did not return to the falling wedge from which he formed last and got rid of it also showed how strong the hodlers are. Of course there are traders who get caught up in the fomo and come out instantly and work with bots. But I think it should not be overlooked yesterday's stance and then its immediate recovery. As a result, the fate of altcoins is still in the hands of bitcoin. Bitcoin's taking a break and resting here will mean life water for altcoins. I think it can go up first as much as the height of the wedge, then as much as the depth of the bowl. or vice versa, first the bowl and then the retraction of the wedge to its height. values ​​have never dropped below sma 200 since the beginning of August. If you worry about the irregular movements of the last btc, I think you have a way to 0.040s. The closest point looks like 0.032. Friends, this is an amateur work. It is definitely not investment advice. I wish everyone a lot of profit.
MLong
by ruble