next take profit will start at 0.045 the ATH from last night and extend to 0.49 just below the psychological level of 0.05
As you can see we have ever so slightly dipped for a short period below the 0.236 but quickly bounced back to hold support above 0.037. Setting stop limits at the next fib. Fib measurements taken from bottom of parabola that started 3 days ago.
this is only the beginning folks! I see this coin going a total of 100-1000X as it is a unique and amazing project worthy of a top 10 market cap! Long for 1$ per coin extrapolates to 35X gains from here!
as you can see we bounced off of the 0.5 fib and are working towards overhead at the 0.38 and 0.236 before profit taking at 0.034$-0.036$.
fib is based on uptrend start today to ATH of 0.035$ earlier this morning. re entry target around 0.032
Overview
Matic had a nice run - even performed well during the Bitcoin dump.
Nice confluences:
1. S/R flip at 61.80% Fib level
2. Big Demand zone and OTE (70.50%)
Two short-term plays
Dont forget:
- Watch your Risk management
- Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do-Your-Own-Research)
Please consider:
This information...
Matic/btc analysis now matic are going down to 125~107 we are waiting it to buy from it i will update the analysis when we are arriving the targets to buy it or not (:
Matic/btc now are going to visit 139 Satoshi for some reason
First reason we are now in the 5th wave in the Elliott wave
Second reason we have a head & shoulders
Third reason now we have a harmonic pattern that show we are going to visit 132 Satoshi
So the buying zone should be between 139~130 Satoshi
And if the price down to 103 we will buy again
Target...
Slope is clear with resistance becoming support.
Wait for retracement to green line.
This represents the slope down to May 10. If we hold this we will be stepping up this downtrending slope .
Enter about 0,00900 Stop about 0,00850
Take profit : to be determined
I received some free MATIC the other day from Binance so i figured I would share my view. I sold my Matic at the top of this channel as i'm expecting some pullback as it's hitting some resistance. if it breaks and confirms maybe i would reenter but i'll wait for a pullback for a better entry.
Did i make a lot of money? No :). Received 20 USD in Matic sold for 25...
