Eyeing Matic at 103

٩ أغسطس ٢٠١٩

I am bullish on the project long term with the potential Coinbase listing. My bias is the bottom is with the high volume breakout. 103 Would be a good area to enter a safe long.

١١ أغسطس ٢٠١٩

تم فتح الصفقة

Wow! buy zone reached to just about perfection. Matic rebounded nicely and has found resistance at the .618 fib price of 139 sats.

I am not well versed in EW but if this is a new wave 1, then this Wave 2 should retrace 50-60%. That amount lines up just about with the 0.382 fib at 117.

Not financial advice,but I want to see what happens by layering some bids around 117