If you are not buying magic now at 0.5 I dont know when you plan to start. Two shaded areas are buy levels for Matic, this project will not die.
DXY (the dollar index) has been on a nice run lately which has been pressuring markets. It seems the $ has found resistance here, looking for green shaded box as target for downside and this will help markets regain some strength. As you can see my other posts, all I see for the markets now is C H O P
Let us put it this way. Why do we use charts? To find out areas of interest so we can trade. What are those areas for BTC? SIDEWAYS: We are looking at a continuation of the range 25,000 to 31000 which has formed since march. UPSIDE: Regaining and holding above 30,400, we shall look for first target of 35,000 and second target of 41,000. DOWNSIDE: If we...
This chart has been drawn for months before the IHNS even completed. Right now BTC is at the neckline support, we anticipate a move up from here however at the same time expecting some chop. The levels to watch out for are fairly simple to see in the chart, the simpler the better. A break of neckline support will lead us to retest the right shoulder.