matic has been falling since the last waves top if this trendline holds as bottom we go up again. What i love about matic is its respect to trendlines ! !!! HOLD YOUR STOP LOSS TIGHT IF WE LOSE TRENDLINE WE WILL GONNA PARACHUTE VERY MUCH TO DOWN. good luck ! not a financial advice do your own research!
After rejected from yesterdays pivot point, it was on the road to 42K this what we see on the 1H timeframe chart, may be a consoladition. However, if we look at shorter timeframe like 5minute timeframe we see yesterday price was rejected from S1 and came to retest todays pivot. Like i draw on the 1H chart we have an upward trendline. if it breaks we expect to fall...
So hey guys this was the my last uptrend hope for btc but it got f<3cked. from now on it looks like we goin for 42K major support then road to 60-80K range again. check my last BTC CHART i was right on that it did some U shape and free falling. like i said before if you opened any long position please dont wait more. just your only chance left is final next...
As you can see on the chart green lines are major supports and red lines are resistances. Also there are 2 of U shape formations we can clearly see. For me BTC will complete the second ''current'' U shape until 53K resistance. For Daily chart it seems like a litte correction. according to that we may see more dump to 42K. If 42k passed, more dump also...
if shiba position turns into double top formation, it going to 30's if not TP1 4045 TP2 4420 TP3 4970 SL 3630