MATIC - Bearish Signals#MATIC 4hr. Chart Analysis
As per CRYPTOCAP:MATIC movements into Ascending Parallel Channel or into Bearish Flag Pattern, it starts from 10th June. after immidaite DUMP from 78 cent to 50 cent last time, it's well moving as per chart patterns and finally cycle close down at 22-25 july with more Bearish mode, may be last time with 45-50 cents again.
Yesterday, its breakout Ascending parallel channel from the target of 70 cent to 65 cents into Bearish Flag again into 1 hr. cycle and now may be something saame happening with next cycle too.
As well. it displays into #FIBextension marks of Last Lower-Low Traget is 38-42 cents , while Cut-off reversal points are 45-48 cents this time in july.
Always #DYOR & Trade Wisely by using #StopLoss
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Ascendingparllelchannel
MATIC - Ascending Parallel ChannelMATIC 1-hr. Chart Analysis
Basically 1 hour chart Analysis for 7-10 days of projections only, in which if 3-4 days of chart performance was in perfect mode then you will be easily analyse for next 4-5 days of projections in accurate way.
As per my previous analysis of CRYPTOCAP:MATIC this cycle movements into Ascending Parallel Channel, running from 28 june and end approx. 8 july, its 80% cycle performed very well and last time i told you for breakout of 71-72 cents, while that time its price running at 64-65 cents and now at per present scenario, it is going to complete its final wave, thats Uptrend mark is 76 cents and after that it will be goes Bearish upto 65-66 cents again to complete full cycle.
As per FIB Extension marks also, its last lower is around 65-66 cents.
Lets see, whats final breakout upto 8-10 july.
Always #DYOR and Trade wisely by using #StopLoss
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