Pembelian
MATICUSDT , DOUBLE BOTTOM , UPWARD TREND ?
Hello Traders!
- On 4H time frame chart MATIC has made a correction from its recent bullish move, retested the 1.8$ support zone and bounced back strongly. It has then made a double bottom ( good bullish sign ) followed by a consolidation range from where it attempted another bull run. However due to the correction in BTC this pair also crashed a little.
- On the lower time frame 1H it has created another double bottom and attempting to push back up with two strong support structures underneath it. I am expecting this pair to retest 1.950$ resistance ( strong key rejection) very soon followed by 2.000$ and 2.100$
- Too keep this pattern bullish we need to see a good amount of buying volume along with steam from the bulls to keep this trend valid (new higher lows) reaching key level resistance 2.200$
Thank you, Good luck!
- On 4H time frame chart MATIC has made a correction from its recent bullish move, retested the 1.8$ support zone and bounced back strongly. It has then made a double bottom ( good bullish sign ) followed by a consolidation range from where it attempted another bull run. However due to the correction in BTC this pair also crashed a little.
- On the lower time frame 1H it has created another double bottom and attempting to push back up with two strong support structures underneath it. I am expecting this pair to retest 1.950$ resistance ( strong key rejection) very soon followed by 2.000$ and 2.100$
- Too keep this pattern bullish we need to see a good amount of buying volume along with steam from the bulls to keep this trend valid (new higher lows) reaching key level resistance 2.200$
Thank you, Good luck!
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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.