Price Action Trading:-
Buy on Breakout of the trendline,
atleast 15min candle should close above 1.3570
STOPLOSS below previous pivot low i.e below 1.2937
Reasons to go long
1. Support Zone
2. 0.5 Fib Lv
3. Double Bottom Pattern
* MATICUSDT is moving in falling wedge pattern, the beginning of an uptrend is expected when it will break falling wedge upside.
*The price is trading BELOW 21- MA as well as 50 MA, NEED to breakout both MA's as well as downtrend to be bullish .
*MATIC is now testing the major support zone. MATIC need to hold above $0.75...
MATIC Network (MATICBTC) continues strong after our analysis shared on the 7-August. The low has been maintained, we are seeing slow and steady growth.
Now, we are getting signals that MATICBTC can move higher, let's take a look at those:
We are seeing a bounce after a potential higher low.
MATICBTC moved above EMA5 and EMA10, the...