MATIC LONG TO $1.85

2022年1月30日

A quick analysis on MATIC using both wave theory, Fibonacci analysis :

Looks like we are in A-B-C correction, subwave 4 of the 5 wave series for Ethereum A-B-C irregular correction

Macro-level

In a complex A-B-C correction

W(A) in orange
W(B) is Blue
Wave(C) is a 5 wave in purple


Micro-level
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1) since we are in Wave (C) its going to be a 5 wave structure. I guess we are just completing W(1) in Wave(C)

2) sw(2) in W(C) went back to $2.46

3) sw(3) in W(C) went to 1.3

4) Sw(4) might go up to 1.85 before it goes down on a sub wave (5)

We need to see if this is going to be an irregular running flat or a normal irregular correction

Appreciate feedback