MATIC/USDT (VERY Important Update)
I previously shared an analysis for MATIC, and now I’m updating it. The reason for MATIC's price rising while the market volume is decreasing is due to the dominance of the wedge pattern. The chart I’ve shared should not be overlooked at this point. The invalidation level for this Elliott wave count is $0.56.
For those holding in spot, there’s no issue, and there’s no need to sell. For futures, it’s better to observe for a while—neither short nor long. This is not investment advice; it reflects my own opinions and strategy. There are many different Elliott wave counts in the market, and accurately predicting them is truly challenging.
For those holding in spot, there’s no issue, and there’s no need to sell. For futures, it’s better to observe for a while—neither short nor long. This is not investment advice; it reflects my own opinions and strategy. There are many different Elliott wave counts in the market, and accurately predicting them is truly challenging.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.