Analysis based on trendline , EMA , SNR , LMACD, RSI , Volume , SMS indicator -Based on daily analysis candle almost breakout resistance line -Currently candle above EMA 25 -Strong support at $6.xx -LMACD giving signal bull signal (crossed)+ Volume increasing -RSI almost reaching above 70% -SMS indicator giving bull signal with 5 points -From technical view...
Analysis based on trendline , EMA , SNR , LMACD, RSI ,Volume, SMS indicator -Based on daily analysis candle almost breakout resistance line -Currently candle above EMA 20 trying to catch EMA 50,100,200 and we might see bull start -Strong support at 87 Satoshi -LMACD giving signal bull signal + Volume keep increasing -SMS indicator giving bull signal with 5...
Trading Analysis: -Nexus break that 2250 Satoshi SNR line and straight to 2300 Satoshi -This area was previous line after halving and can go up to 300% within 10 days. -Currently on 2250 Satoshi SNR which is turn to support line and key signal to look at for daily candle -LMACD , RSI , SMS indicator still above par value price which is above 50% key...
Trading Analysis: -Nexus break that 2250 Satoshi SNR line and straight to 2300 Satoshi -Currently on 2250 Satoshi SNR which is turn to support line and key signal to look at for daily candle -LMACD , RSI , SMS indicator still above par value price which is above 50% key level -Strong candle will confirm for bull/ Accumulation phase
Analysis based on trendline, EMA, SNR, LMACD, RSI, SMS indicator -Based on daily analysis candle breakout resistance line -Currently candle above EMA 20,50,100 trying to catch EMA200 and we might see bull start -SNR above yellow line shows strong support and creating new high with low volume and liquidity, something to look. -LMACD giving signal for uptrend...
-Strong resistance -Strong Support -Probability for upcoming news Remarks: -However still no sign of bullish due to previous roadmap release no healthy growth. Something to look for
Based on this analysis, Matic might repeat previous history due to volume and upcoming news which almost 2 years been waiting for this launch. INFORMATION: - Social Network : Healthy & Progressively update everyday for the past 1-2 weeks (Twitter, Announcement Channel, Telegram) - Fundamental : POS which over the years development with higher chances bigger...
UPDATED CHART WITH GHOST PATTERN
Classic Pattern for downtrend Three Mountain Buddha Top MACD shows momentum in H4 strong short signal and volume slowly decrease
As per previous pattern. looks like there will be small correction with MATIC/BTC. Risk & Reward quite high based on the pattern.
FYI, based on the trend line. most of the candle touch top green line 5 times compare to 2 times touching support area. Expected for breakout in anytime soon, the longest extend period will be 13-21 MAY. looking forward for potential breakout or extension. ...
Just to inform you guys, there will be a possibility ALTSEASON around the corner
-Estimated this entry will be drive by ETF announcement -The key strong resistance only can be break from bakkt announcement -Whichever entry come first will be good, wether SHORT or LONG. simple and straight forward, if the market only move as per normal without any news driving it 3rd week or 4th week will be good for decision making.