✅ Matic/Btc Pair (detailled Altcoin Analysis) by CryptoBRO 🔥

2021年1月30日

Weekly Timeframe perspective:

Price Action Bullish!

The big bullish confirmation is confirmed with a weekly close above the weekly open. This would signal that the wick on THE YEARLY CANDLE is printed and the expansion phase (body of the candle) can start.

I will add the low timeframe charts and Moving Averages below to get a better view what price does on the hourly timeframe. + we will take a look at the USD Pair

2021年1月30日

註釋

daily timeframe:

price is moving within a range -> consolidation.
Let price more to enfold and wait for the second break out attempt. the more a level gets tested the weaker it is.



Now i have added Moving average which gives us confirmation about the shift in trend. Rule of thumb: if price breaks above 200 MA (red one) the trend will be bullish. with that knowledge we have confluence with our price action view.

Tbh a look on lower timeframes on the btc pair is not necessary because the pivotal level to flip will not change.

Matic USD Pair:

RN below pivotal resistance. Once this gets broken in confluence with the btc pair (double confluence) this coin should start a big expansion phase.
for now it is consolidating. Try to time the trade with both charts to have higher probability