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SHORT Scenario with 10X on MATIC
Similar to what was said in the educational analysis of BTC, it can also be seen in the MATIC analysis. So, if you haven't read the academic analysis of Bitcoin, read it first to understand better the wave count and the falling trend of this analysis.
Here is the Link : Elliot-Analysis-on-Bitcoin-with-Tutorial-Lessons
What's Going on MATIC
We are in the process of completing an upward corrective microwave (2-3 or 2-C), which of course has good strength, and we must wait for the reaction to the Fibonacci area (61.8%) or the 0-2 trend line of the previous big waves to confirm the end of the correction and also see this ending in the candles (Similar to what was taught before), after that, we can enter a Great Short Position.
Where to Buy?
To end this upward correction, we considered the 61.8% Fibonacci area in the price range of $0.83-0.84, which you can use with 2 dotted and dashed trend lines to react and enter the next price drop.
The dotted trend line will be the start of this decline, when the price breaks down, you can enter the 1st Short position with a small amount, and of course, when the dotted trend line breaks, it will be the following confirmation and a place to add more budget to the short position, which can even breakdown the previous Low in September.
Follow the process, whenever an update is needed, I will inform you through a new analysis.
Here is the Link : Elliot-Analysis-on-Bitcoin-with-Tutorial-Lessons
What's Going on MATIC
We are in the process of completing an upward corrective microwave (2-3 or 2-C), which of course has good strength, and we must wait for the reaction to the Fibonacci area (61.8%) or the 0-2 trend line of the previous big waves to confirm the end of the correction and also see this ending in the candles (Similar to what was taught before), after that, we can enter a Great Short Position.
Where to Buy?
To end this upward correction, we considered the 61.8% Fibonacci area in the price range of $0.83-0.84, which you can use with 2 dotted and dashed trend lines to react and enter the next price drop.
The dotted trend line will be the start of this decline, when the price breaks down, you can enter the 1st Short position with a small amount, and of course, when the dotted trend line breaks, it will be the following confirmation and a place to add more budget to the short position, which can even breakdown the previous Low in September.
Follow the process, whenever an update is needed, I will inform you through a new analysis.
İşlem aktif
WE Are in a good Profit and Trade is Activated, you can easily Manage Your StopLoss and Trail it.Keep Calm & Ride the Waves
İşlem kapandı: hedefe ulaştı
Full TP on 13th of Oct = My Birthday :)
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.
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.