Matic cup and handleMatic forming a seemingly cup and handle pattern. Low end of the cup to the high was 244%. Retraced back to a very healthy 0.786 on the fibonacci. Probably going another 244% from the neck of the cup. Perfect area to get back in again for me!
MATICBTC trade ideas
Matic might go down to 390. ABC correction - 99MA 4hourSee chart for my buy in. I belive in a new ATH after this correction.
MATICBTC(sorry for my english)
1. Price Grow and Volume downing
1.1. Each next wave is weaker than previous
2. Price Grow and RSI (4h) downing (and has triangle structre).
2.1. RSI (Daily) has 3 peaks over 80
3. DMI Indicator (Daily) has history max (DI+), history min (DI-), history max ADX. This strong short signal.
4. Domination Bitcoin above 65-66% in the last three months, when altcoins started to grow. It does not fall. Doesn't fall!
5. MA (25, close) (4h) is dynamic support
6. Binance has ~163 pairs altcoins. Only 5-10 altcoins were recovered to the values of April 1, 2019, when Bitcoin started to big move. Others have recovered 20% (avg.) of the big fall (only for 2019).
7. Altseason? lol
Do you believe in 500? 600? New ATH?
Without me, sorry.
80% DROP !!!!!!!!!!!!!!!!!!!! -----> BTC, you're NEXTTOP: 0,060
CURRENT: 0,013
NEXT BOTTOM: 0,002
Bubbles doing bubbles thing.
You know that BTC is listed for the same cycle.
MATICBTC - ascending wedge could start the correctionMATICBTC shows signs of bearish divergence on many timeframes and it's currently forming an ascending wedge very close to the previous ATH.
It has run 240% without a proper correction which makes it likely that we'll see it correct from here on due to the aforementioned setup.
In case the market decides that it's still a good time to buy into this massive pump consider a stop loss above 600.
Let me know what you think, any criticism is appreciated.
$MATIC, Touched ATH BTC level & now retracing hard $MATIC
Touched ATH BTC level & now retracing hard, losing ~450 sats level as I tweet.
Based on Fib levels, we should expect a retrace up to ~300 sats (matching .618 retracement level) but it can get uglier.. (wait for reversal)
UCTS Turning red across all LTFs
#MATIC
Don't Overstay Your Welcome...Have counted 5 waves up and it's been a very good run don't expect too much more out of this...most likely it will have a deep ABC correction down now.
Matic/BTC inverted head and shoulder breakoutBINANCE:MATICBTC a great coin to trade. We have a breakout waiting for retest of support. Target is at the chart. That's my trading plan for $matic
matic is painting some strange price action matic is painting some strange price action , expect some news coming out once btc settle down, some alts will start rally, including matic...
the price of matic is maintaining in a small range, while most ieo coins are being dumped like crazy. buy the range low, set soft stop loss below range low
MATIC - Full bull mode over?Matic went full bull mode last couple of weeks. Expecting a retracement back. Don't want to see a aggressive retracement. Candles should be smaller than the impulsive moves up. Expecting more bullish continuation if this happens.
Follow our buy and sell positions with our crypto trade scanner (comment)
MATIC.BTC parabolic climb ALERT: might be coming to a TOP soonAs you know, MATIC has been flying fast and hot.
Now it has almost matched its previous moon shot.
But primary fib indicates possible wave ending soon.
This is just a quick "heads up" with numbers to watch.
If retrace does start soon, I will post a new projection.
I am personally unloading my bag steadily since 500 sats.
This fib series confirmed cleanly at 2.618 and 3.618.
Then blew past Band 4, and 4.236 is normally tough.
In such cases, I have found Band 5 to be a common top.
But that is NOT to say it will stop at Band 5 in above plot.
So please do your own analysis before placing any trades.
I will post updates as new clues emerge from the move.
This is a long awaited follow up to my Long call at 125 sats:
Prior to that, I plotted the EXACT top:
Above top was after calling an EXACT bounce:
My first Matic plot and trade was May 2019, caught that rocket
MATICBTC Crown's Fib Vampire ShtoyleBeing a newb today.
Heres my plan on how i am going to enter stupidly, and long term play this coin to get myself out of a bad position.
Wish me luck.
NOT FINANCIAL ADVICE! Dont be dumb like me :D
Matics vs fibonacci. Lines up perfectlyMatic lines up perfectly with fibonacci. An accumulation zone around 0.00000528 would be good for Matic.
Every rise will have a fall eventuallyBINANCE:MATICBTC
Hi everyone.
MATIC had a really good rise till now and now we are at the top of the rising channel, mental force on 500 sat price and previous high RSI was about 0.82. Everything fill good to short it and our S.L will about 510 sat. Our buying price will about 450 sat at least and we will keep an eye on it for better price and our selling price will about 500-510 sat.
$MATIC, Unstoppable, 150% up in less than a month$MATIC
Unstoppable, 150% up in less than a month
Currently crossing over ~430 sats resistance & trying to flip it
If happens we will probably see new ATH for #MATIC
In any case, make sure to have proper SL to lock profits, because at some point IT WILL retrace!
MATIC/BTC TA Update (To The Moon?)MATIC/BTC
One thing is for sure, MATIC went straight to the moon without stop.
This is a 101% parabolic move as no support is built during its uptrend.
Stay away from this coin, Do not buy or you will get rekt when the ship starts to sink.
The best we can do is to watch and wait if he can hit an all-time high price.
MATICBTC can see volumes spike like previous one we see a narrowing range, we need more volumes to breakthrough
MATICBTC hitting strong resistanceHigh RSI, 10x from BTC ATL, 3.168 Fib.
Short with caution as it could push for a double top.
$MATIC/BTC - run not overCompared to the last parabolic run for $MATIC I do believe that there is still significant upside to expect.
Price is respecting already a very steep trend line up and for now no exhaustion can be seen.
The run might last another week, until the Coinbase-listing rumour finally gets resolved...
Trade safely !
BR
