Already have a large holding of MATIC but this potential dip could be an opportunity to increase holdings. Looking at retracement level followed my descending trend line breakout. ATHS have already been surpassed and overall sentiment for Polygon up as with a ton of other Alts.
Matic is back above the 50 EMA, will it stay above and carry out this W formation pattern? Is a new ATH here? Or will Bitcoin drag it back down?
Once Matic breaks through the reisitance at 2.32cents (£1.76), and stays above, it will break ATH and go for a new one. Doing brilliantly and holding support despite BTC crash. Looking to recover purple zone above.
The liquidity pool at 1.64gbp on matic has finally been taken (purple box) Not too far from the next one up.
Hourly is showing a house and garage pattern. Hourly phoenix ascending and macd ema indicate a possible reversal for a next leg up, or at least another extension for the house, however we need the fourth wall for the house to be complete and this I hope will happen in the next few 4hr candles though construction times are often uncertain. If price goes down to...