MATIC broke what retail consider resistance, which is something that aswell happened as a false BOS on BNB, ALTPERP (now gone from TV), LTC, DOGE...
BTC needs to break-out and not be a false BOS (HTF) if you want alt-coins to break-out into a new trading range.
If not, it'll end with this outcome 90% of the time. Eyeing this $0.835ish area as an Optimal entry in my personal opinion.
I'm likely long there. It doesn't matter how long an Optimal Entry takes to be triggered.
The liquidity is there waiting, untapped, and more confluence is found, or it wouldn't be an optimal entry.
BTC needs to break-out and not be a false BOS (HTF) if you want alt-coins to break-out into a new trading range.
If not, it'll end with this outcome 90% of the time. Eyeing this $0.835ish area as an Optimal entry in my personal opinion.
I'm likely long there. It doesn't matter how long an Optimal Entry takes to be triggered.
The liquidity is there waiting, untapped, and more confluence is found, or it wouldn't be an optimal entry.