MATIC/BTC Breakout incoming.!!!
Updated
Hello guys, I'll keep this short.
Hope you all are making good profits in this market. Just FYI This is just the begining and Alts will show more positive price movements. BTC Dominance is falling which will eventually push the alts.
Coming back to the chart. We can see a Triangle breakout is incoming. Volume is increasing.
In the other hand, It has tried multiple times to break out of the triangle.
Trading above both 50D and 200D MA.
I'LL BUY IF IT goes for a dip.
Two scenarios has been shown in the chart.
Hope you all are making good profits in this market. Just FYI This is just the begining and Alts will show more positive price movements. BTC Dominance is falling which will eventually push the alts.
Coming back to the chart. We can see a Triangle breakout is incoming. Volume is increasing.
In the other hand, It has tried multiple times to break out of the triangle.
Trading above both 50D and 200D MA.
I'LL BUY IF IT goes for a dip.
Two scenarios has been shown in the chart.
Comment
Scenario 2 is in playComment
Since BTC Dominanace is picking up it's important to understand that Alts needed a correction. Honestly I didn't see that coming until I saw the Bullish engulfing on Daily chart of BTC Dominance.Let the daily close. I am bullish on Matic until we hold 189
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