Matic has been consolidating against BTC for several months Is it time to break out ?
Matic retraced to the GP region of the pervious move and consolidated for some time.
We have started to see life in the volume.
We are pushing up against the trend line while also the RSI is trying to break above the 50 level
these are good signs of strength on a 3d.
ADX is going positive after a nice compression zone
+dmi is converging and trying to cross the -dmi
Already in this trade from deep but took more on the retest of the RSI on the daily as well.
=This is not trading advise.
I just draw lines and color them in.
Matic retraced to the GP region of the pervious move and consolidated for some time.
We have started to see life in the volume.
We are pushing up against the trend line while also the RSI is trying to break above the 50 level
these are good signs of strength on a 3d.
ADX is going positive after a nice compression zone
+dmi is converging and trying to cross the -dmi
Already in this trade from deep but took more on the retest of the RSI on the daily as well.
=This is not trading advise.
I just draw lines and color them in.