iAmitkumar

MATICUSDT in Final wave of correction, MOON SOON.

Alış
BINANCE:MATICUSDT   MATIC Network / TetherUS

This is what i see on MATIC, After the completion of 5 impulsive waves matic is in the correction phase, This one is a flat correction pattern and since B wave is a 1.236 extension of A wave i am hoping the pattern to be of a running flat.

If it proves to be a running flat, the price will test the support at the 0.618 (14.5c) and 0.786 (12.5c) retracement levels of B wave and then bounce back up continuing its bull rally but unfortunately if its not a running flat and its an extended flat instead then the price could fall down to 1.236 ( 10c ) or 1.382( 8c ) fib extension of A wave and then bounce back up from there( I am pretty sure price wont go below 8c ).

All depends on the price action of Bitcoin so lets see what happens.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.