Short
MATIC/BTC, be cautious! Deep crab, death cross
This is not financial advice,but rather Just my views and opinions.
I am not touching this again until it breaks the upper trend-line convincingly, just sold at 210.
It seems to have broken down from a symmetrical triangle after a long flag pole down and ten simply just retested and got denied on the hourly TFs. It also seems to be looking like a descending triangle now. Additionally, it currently has a death cross on Daily TF.
I am not touching this again until it breaks the upper trend-line convincingly, just sold at 210.
It seems to have broken down from a symmetrical triangle after a long flag pole down and ten simply just retested and got denied on the hourly TFs. It also seems to be looking like a descending triangle now. Additionally, it currently has a death cross on Daily TF.
Note
Correction: the death cross is on the 4 hour
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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.