Bullish RSI divergence on 15 and 30 min timeframes. A close below 7118 means a close off this position for me.
Double top is in. A descending triangle seems to be forming
Break off bull flag pattern. I bought the break-out.
Matic lines up perfectly with fibonacci. An accumulation zone around 0.00000528 would be good for Matic.
Coincides with the 1.618 of 25 to 27th of november.
The close below the trend is very bearish in my opninion.
Could easily launch us into the 3 cents zone.
If we break below 0.02630 I expect a retrace to around 0.025
Range between 0,00000379 (1.0 fib) and 0,00000334 (1.618 fib) is 12%. Expect Matic to test the fibonnaci ranges before a break to upper range or down lower range. Time to scolp trade Matic.
Followed by a move to the 0,000004 BTC region.
Maybe the first test of this support zone. If the four hour candle closes above the support zone we might see another spike.
Took Profits at 0,00000374
I expect another spike to the 1.618
I expect a rise after the golden cross of around 35%. The 35% coinsides with the top level of the last run.