A picture is worth a thousand words. Tradingview doesn't allow to publish ideas with little words. So here is the words: MATIC breakdown an upward channel, in the bigger picture the channel forming a classic flag pattern in the more bigger picture, previously matic breakdown an enormous cup & handle. no financial advice here, just drink your coffee.
BTC , 1. we have a spike of volume at the bottom, probably many trader who goes long on the bottom of the descending channel put their stop loss below, and it cascading. 2. we have a spike of buying volume above 20ma average volume . 3. price back to upper channel immediatelly 4, its making LL 3x in 1H chart 5. TF4H / TF6H still have rooms to grow using...
BTC 1. is currently on the descending channel on small timeframe 4H. making bullish flag 2. previous wave bull is 30 bars, bear 29 bars last bull is 36 bars, current bear is 23 bars, im expecting not too far different to 36 bars. 3. from previous high, it got rejected at fibo 1.236 im looking for long opportunity if it's breakout descending...