Watch for Liquidity Raid and Reversal from Supply Zone on MATIC
On September 23, Bulls could break above the strong high with $0.7784 price. (Change of Character)
Then some choppy moves, liquidity was created just above the demand zone.
Price reversed up from the demand zone and created HLs and HHs. So bullish structure since then.
On the other hand some liquidity was created above the range and below the up supply zone.
All of the LQ got raided buy bulls and now MATIC price is near 2 strong supply zones.
1st zone is totally mitigated and also the LQ above that zone is mitigated too.
We may have some reversal down from here but I expect another LQ raid and mitigating the upper supply.
If any reversal down happens, targets can be unmitigated demand zones.
What do you think about this chart? Feel Free and Comment Below!
Then some choppy moves, liquidity was created just above the demand zone.
Price reversed up from the demand zone and created HLs and HHs. So bullish structure since then.
On the other hand some liquidity was created above the range and below the up supply zone.
All of the LQ got raided buy bulls and now MATIC price is near 2 strong supply zones.
1st zone is totally mitigated and also the LQ above that zone is mitigated too.
We may have some reversal down from here but I expect another LQ raid and mitigating the upper supply.
If any reversal down happens, targets can be unmitigated demand zones.
What do you think about this chart? Feel Free and Comment Below!