Hitting a bottom on MATIC?...
I don't really trade Crypto's however this one stood out to me as a potential opportunity on the weekly time scale.
MATIC has been trending down since late 2021 but it has always shown a bounce around the $0.30 zone, ultimately creating a very large descending triangle coupled with a MACD that has been diverging up.
Could we see a rally ahead towards $1.00+? well that remains to be seen but I liked the setup and took the opportunity. Should be interesting in how this develops and thus, I'll be keeping an eye on this one.
I'm also checking out DOGE and XRP.
As always, Good Luck & Trade Safe.
MATIC has been trending down since late 2021 but it has always shown a bounce around the $0.30 zone, ultimately creating a very large descending triangle coupled with a MACD that has been diverging up.
Could we see a rally ahead towards $1.00+? well that remains to be seen but I liked the setup and took the opportunity. Should be interesting in how this develops and thus, I'll be keeping an eye on this one.
I'm also checking out DOGE and XRP.
As always, Good Luck & Trade Safe.
•NYC Trader of 15 Years in the markets
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
•NYC Trader of 15 Years in the markets
•Need Help Trading? internaltrader.com/helptrading
•Need Help Trading? internaltrader.com/helptrading
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.