MATIC Update - 06.01.2024 / Great local Long setup
1 hour chart: we observe the coin moving in an upward order flow through the structure breaks in the Long and buy pattern, then got a reversal, coming to the FTA in the form of a monthly block order zone.
Over the last couple days failed and took out all the compression and liquidity behind the key low, then got a reaction and formed a TDP and stb zone of interest.
Also left magnets to deliver price from above, namely daily imbalance, compression, liquidity behind the key high.
So, expect a nascent long order flop on ltf through structure breaks, after which I will consider positions on this asset!
❗️ Not financial advice, always think with your head.
Over the last couple days failed and took out all the compression and liquidity behind the key low, then got a reaction and formed a TDP and stb zone of interest.
Also left magnets to deliver price from above, namely daily imbalance, compression, liquidity behind the key high.
So, expect a nascent long order flop on ltf through structure breaks, after which I will consider positions on this asset!
❗️ Not financial advice, always think with your head.
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