MATIC Super rise !#MATIC made a nice pattern for its long term correction like ABCDE after that market can rise and hit its last highs !
Key stats
MATIC perfect correction #MATIC made a huge 5 waves correction structure like ABCDE this can cause the market rise alot and hit the highest ath and even higher !
TradeCityPro | MATIC(POL) Fresh Look at MATIC During Christmas👋 Welcome to TradeCityPro Channel!
Let’s analyze POL, formerly known as MATIC, due to your frequent requests. 😊
🌐 Overview Bitcoin
Before starting, let’s take a look at Bitcoin. In the 1-hour timeframe, it is currently fluctuating below the 98807 resistance. This resistance has been tested mul
VARAUSD and MATICUSD Correlation PointsVARAUSD dropped a massive 85% after initial pump when listed on Coinbase. We will mark this bottom as correlation point 1 even though as I will demonstrate the market for VARA is out of balance and is due a significant pump.
On the left VARA percentages are shown.
On the right MATIC percentages are
VARAUSD and MATIC - Further Comments on CorrelationAs you can see whenever MATIC and VARA prices decended following that last pump the initial difference in price drop from the local high to local low was VARA 12% loss in price and MATIC 10% in price roughly.
This morning VARA pumped and has now normalized it's correlation with MATIC having now ju
VARAUSD How To Spot Manipulation - Correlation and ConfluenceFocusing only on the set of candles inside of the green box. Notice how VARA pumped in the early hours of the morning. At that time however MATIC was in the process of an indecision candle and even signaling a drop in price. Following this little pump MATIC remained flat and VARA quickly began desce
MATICUSD - Large Double BottomPrice is reaching this area that has previously been seen as support
Suggesting another bottom here, creating a double bottom
This will lead price to new highs
Price is waiting to pop off
VARAUSD vs MATICUSD - This is a bull flagIf you only trade the VARA chart without understanding how the market is trading within the lines of correlation, you will mistaken one pattern for another. The two market patterns I have circled are both bull flags. The problem is that VARA has a much lower amount of liquidity i.e. standing buy ord
MATICUSD versus VARAUSD Correlation - Merry Christmas BullsOn this chart is why I do not use lower time frames to make large trade decisions and why I do not set a stop loss based upon this data...
MATIC is the chart on the right, we can see clearly that a bear flag that is circled developed into a very tight squeeze pattern. The result of any squeeze is a
StructureIs it possible that price can break out the triangular structure and go to the VAH on the VRVP, or fall deep into the Demand Zone on the bottom of the BB(Bollinger Bands)?Currently at this time the candle is bearish watch out for strength of breakout of the triangular structure. Be safe
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