MATIC went through the huge hype in Q1 and half of Q2 this year and it's currently in a correction.
Buying this coin before the green zone would be definitely a FOMO move.
Even buying in that area would be more for short-term profit potential rather than holding for the long term cause I think long-term investors will be able to get this way cheaper.
Buying this coin before the green zone would be definitely a FOMO move.
Even buying in that area would be more for short-term profit potential rather than holding for the long term cause I think long-term investors will be able to get this way cheaper.
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MATIC Technical Analysis I got a lot of questions about this coin so here's my opinion. This coin made an amazing performance in the first half of 2021 but it doesn't mean you should buy just because of that hoping that hopium will continue. On the chart…
Our opinion a month ago on MATIC
Bitcoin is creating a potentially bullish pattern, is it going to be actually bullish?
Falling wedge is by default bullish trading pattern but is it going to turn actually bullish?
We need $32 000 support to hold because if we get the test of the lower trendline of this falling wedge, the chances of it being bullish will decrease drastically.
Falling wedge is by default bullish trading pattern but is it going to turn actually bullish?
We need $32 000 support to hold because if we get the test of the lower trendline of this falling wedge, the chances of it being bullish will decrease drastically.
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What's your opinion on Bitcoin?
anonymous poll
I'm bullish – 164
👍👍👍👍👍👍👍 42%
I'm bearish – 140
👍👍👍👍👍👍 36%
I have no idea – 88
👍👍👍👍 22%
👥 392 people voted so far.
anonymous poll
I'm bullish – 164
👍👍👍👍👍👍👍 42%
I'm bearish – 140
👍👍👍👍👍👍 36%
I have no idea – 88
👍👍👍👍 22%
👥 392 people voted so far.
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As I said, continuation will continue for few weeks at least.
Our forecast on ADA/USD pair is being followed so far almost perfectly.
The question is, are we going to reach the local bottom around these prices and start a mini uptrend.
The question is, are we going to reach the local bottom around these prices and start a mini uptrend.
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Bitcoin update
Bitcoin update!
The continuation continues which makes a lot of people anxious and impatient.
Yeah, this is not an ideal market condition for active traders but you have to deal with the conditions markets are offering.
If it's slow and not volatile at all, forcing trades could make you enter the trade just before a big shakeout on both sides of the market.
That's what I expect and once it happens, I'm going to analyze the structure of that shakeout and start looking for the next trade.
As an investor, buying now is definitely a good spot as $40k for Bitcoin is coming. the question is when.
The continuation continues which makes a lot of people anxious and impatient.
Yeah, this is not an ideal market condition for active traders but you have to deal with the conditions markets are offering.
If it's slow and not volatile at all, forcing trades could make you enter the trade just before a big shakeout on both sides of the market.
That's what I expect and once it happens, I'm going to analyze the structure of that shakeout and start looking for the next trade.
As an investor, buying now is definitely a good spot as $40k for Bitcoin is coming. the question is when.
People is scaring the GBTC (Grayscale Bitcoin Trust) Unlock dates might cause the massive dump at the moment ( A big week for Grayscale with scheduled GBTC unlock starting today).
Today, July 18, is of particular interest, with that day’s unlocking worth just over 16,000 BTC.
Let's see how it goes but it's probably nothing will happen.
Today, July 18, is of particular interest, with that day’s unlocking worth just over 16,000 BTC.
Let's see how it goes but it's probably nothing will happen.
Crypto Signals
MATIC Technical Analysis I got a lot of questions about this coin so here's my opinion. This coin made an amazing performance in the first half of 2021 but it doesn't mean you should buy just because of that hoping that hopium will continue. On the chart…
MATC/USD in the area I said will be reached sooner or later.
Now waiting for price action to show us, buyers, in this area otherwise this can keep dropping.
Big wick candle or bullish engulfing is required to appear and show us that there're buyers interesting in this coin.
Now waiting for price action to show us, buyers, in this area otherwise this can keep dropping.
Big wick candle or bullish engulfing is required to appear and show us that there're buyers interesting in this coin.
ETH/USD is currently at a very important price level.
We need this support to hold otherwise we could face a serious downtrend continuation.
If we get a long wick candle at this level, it would be extra bullish but let's wait for it to form because the market is currently far away from being bullish.
We need this support to hold otherwise we could face a serious downtrend continuation.
If we get a long wick candle at this level, it would be extra bullish but let's wait for it to form because the market is currently far away from being bullish.