MATIC/BTC HUUUGE move is coming!

5 เม.ย. 2020

Matic has been accumulating for the past couple weeks and it looks like it is ready to jump any time right now, so make sure you buy some. It has bounced from its support level and is currently in consolidation with some decent volume. If we open an hourly chart every green candle has a high volume compared to the red ones, which is an indicator of position accumulation. Last several candles on 4H are doji which is usually a 50/50 candle, but in current situation, considering the volumes, I would consider them as the bullish ones. Of course, if it falls below the support of the current formation, this scenario will be considered wrong, so don't forget about SLs.