MATICBTC Bull BreaK?
Hello Traders,
Today's Chart will be on MATICBTC
Points to consider here are,
- Bullish trend on the 4hr time frame
- Next Major resistance is at around the RED zone
- RSI on upwards momentum, putting in Higher High's
- Stochs looking into upwards momentum
- EMA's currently giving price resistance but looks weak
- Below average volume coming into Apex
Matic is approaching decision time after breaking major structure, putting in Higher Highs on the 4hr Timeframe. Volume is below average indicating that a move is approaching, if break bullish then price will be looking to retest next resistance. However this whole set up can be invalidated if BTC decides to dump at given time, so its important to have stop losses in place!
Please leave a comment on what you think is most probable
and remember,
“In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” - Peter Lynch
Today's Chart will be on MATICBTC
Points to consider here are,
- Bullish trend on the 4hr time frame
- Next Major resistance is at around the RED zone
- RSI on upwards momentum, putting in Higher High's
- Stochs looking into upwards momentum
- EMA's currently giving price resistance but looks weak
- Below average volume coming into Apex
Matic is approaching decision time after breaking major structure, putting in Higher Highs on the 4hr Timeframe. Volume is below average indicating that a move is approaching, if break bullish then price will be looking to retest next resistance. However this whole set up can be invalidated if BTC decides to dump at given time, so its important to have stop losses in place!
Please leave a comment on what you think is most probable
and remember,
“In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” - Peter Lynch
Free Alpha Group t.me/freetradingden
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
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.
Free Alpha Group t.me/freetradingden
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
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.