Matic is now approaching critical resistance. My bias is a BIG SHORT since it breaks the 61.8 Fibonacci fan trendline. At lower time frame 4H, for example, still no sign of reversal at this very moment. It might also pump another to create a double top before it goes down massively. I suggest since it is a swing trade, using a grid strategy to position on this...
NASDAQ:TSLA
At first glance I really thought it is BTC. lol
You can DCA from here at key levels.
You can use your fibonacci levels.
I think it will hit $110 then bounce up to 180-190
area just to drop even further to $70.
That's a high chance but not a guarantee.
Remember: Any TA can be invalidated by FA.
We can't say that this is the bottom yet, but I'm pretty sure if we not gonna buy while others are afraid we might miss this great opportunity. A DCA on key fib stages might be the best prices to buy.
Also if a lot of people waiting for a price drop of 85% do we really think it will go down to that considering the popularity of crypto since pandemic?
How bout a...
