JeanJean1983

MATIC/USDT: On Buying area, Direct rise expected

เพิ่มขึ้น
JeanJean1983 ที่อัปเดต:   
BINANCE:MATICUSDT   MATIC Network / TetherUS
---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------

MATIC/USDT: On Buying area, Direct rise expected

Context
- The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets MATIC suffered about negative global market situation.
- However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements provided by the interpretation of the Elliott waves.


Market configuration

- Graphical Elements :
Graphical Resistance = 1,13 & 2,90
Graphical Support = 0,41 & 0,042

- Mathematical Indicators:
EMA ( Exp Moving averages) are still capping the market at 1,13 = Bearish
RSI indicator (below) is bouncing off key support, a break above 50% + bearish trend line will propulse the bullish momentum = Bullish

- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target C (B) has been already reached = 0,65
Fibonacci resistance of the wave in progress = 1,13
Fibonacci support of the wave (c) (B) (max extension) = 0,41 (auto-similar move)
Fibonacci Bullish Target = 1,99


Conclusion

Preferred case => Regarding the mid-term element, MATIC is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 1,13 and 1,99 as long as 0,41 remains support - In extension a larger rise towards the previous top at 1,99 can't be ignored
การซื้อขายยังคงดำเนินอยู่:
View still valid - max excess at 0,32

A new analysis is coming soon

CIO & Head of market research (Automata - Akt.io)

Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa
คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ เงื่อนไขการใช้บริการ