MATIC Network Ready To Continue? Full Analysis Ready!
Updated
MATIC Network (MATICBTC) had one of the strongest waves and was one of the most entertaining alts to follow in the last cycle. We caught it from the start...
You can see it here:
(1)
(2)
Now, MATICBTC made a really strong correction and stopped at MA200 or the 0.786 Fib. retracement support for the last bullish wave.
As soon as this support was activated we saw the first bounce and now MATICBTC is trading above EMA10/100, which tells us that its potential is now going towards the bulls.
Price can easily start to grow slowly from here or fall lower to accumulate more before the next wave.
We can clearly see some higher lows (yellow circles) being printed since the low was hit in early August... Now, MATIC is back in the game.
Namaste.
You can see it here:
(1)
(2)
Now, MATICBTC made a really strong correction and stopped at MA200 or the 0.786 Fib. retracement support for the last bullish wave.
As soon as this support was activated we saw the first bounce and now MATICBTC is trading above EMA10/100, which tells us that its potential is now going towards the bulls.
Price can easily start to grow slowly from here or fall lower to accumulate more before the next wave.
We can clearly see some higher lows (yellow circles) being printed since the low was hit in early August... Now, MATIC is back in the game.
Namaste.
Note
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Note
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