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Matic might just be executing an Eliott Triangle upwards!
Well
I had my own perfect set up for Matic: It was bound to execute the C leg of an ABC within a corrective Wave 4 before hitting 0,95´s in a final Wave 5.
However...
I saw that the price retracted too much reaching 0.940 which was my Wave B´s peak...
So I sat down to take a new look and.... voila!
Look what I (think) I found!
A classic Eliott Wave Triangle.
If it plays out as expected, we are moving non stop towards Wave 5´s target somewhere around $.9638
A bit confusing to have such a strong move when the rest of the pack and - specially- the Lion (Bitcoin) is not that bullish...
Does MATIC know something we don´t???
:)
I had my own perfect set up for Matic: It was bound to execute the C leg of an ABC within a corrective Wave 4 before hitting 0,95´s in a final Wave 5.
However...
I saw that the price retracted too much reaching 0.940 which was my Wave B´s peak...
So I sat down to take a new look and.... voila!
Look what I (think) I found!
A classic Eliott Wave Triangle.
If it plays out as expected, we are moving non stop towards Wave 5´s target somewhere around $.9638
A bit confusing to have such a strong move when the rest of the pack and - specially- the Lion (Bitcoin) is not that bullish...
Does MATIC know something we don´t???
:)
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.