Matic - ETH 2017 macro bull pattern ; UPDATE
Maybe its already cooked. That last wave might just have puttered out.
Though you can look at it two different ways, the indicators paint a bearish outlook. The price action SEEMS like it should make a new all time high,, but,, matics initial waves were MASSIVE so maybe its just run outa steam and compacted at the top.
We'll find out soon enough. I suggest you do so without holding the bag :)
In short I have no idea ; hoping that wave wasn't over and the indicators paint something bullish that makes sense soon.
I am neutral overall here. With buy orders above on FTM /SYS not matic.
gl
Maybe its already cooked. That last wave might just have puttered out.
Though you can look at it two different ways, the indicators paint a bearish outlook. The price action SEEMS like it should make a new all time high,, but,, matics initial waves were MASSIVE so maybe its just run outa steam and compacted at the top.
We'll find out soon enough. I suggest you do so without holding the bag :)
In short I have no idea ; hoping that wave wasn't over and the indicators paint something bullish that makes sense soon.
I am neutral overall here. With buy orders above on FTM /SYS not matic.
gl
Note
shit option. relief bounce here then doom.Note
gg
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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.