We see a clear head & shoulders pattern on the daily / weekly chart, and it seems to be breaking to the downside momentarily. Following the projection of the blue trendline, we see a possibility of a 24% drop in price over the upcoming week - a nice shorting opportunity. I would start filling up my bags around the yellow & green dotted lines, as it will most...
As my previous idea seems to have had nice traction, I now provide you with an updated version of the next possible bullish scenario for BINANCE:MATICUSDT . MATIC has been trading sideways for some weeks now, following the red-lined triangle. It had a W-pattern breakout in the earlier weeks, which created a new trading price floor. Recently we have seen MATIC...
Looks like the previous M-pattern was rejected during todays bullish movement, forming what looks like a nice W-pattern that could cause another big breakout for the upcoming days! Share your thoughts below!