Panjang
MATIC - Potential Bottom & Reversal
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Sell pressure has been decreasing dramatically with price leveling out around the high 50s. Sells are also thinner and buys have been thickening up. Slight bullish div. spotted. Hoping for either a spike of volume or a steady climb upwards. If we break the bigger walls at 55-57 then this will be invalidated and I'll continue to wait for a lower entry.
Nota
my initial buy was at 55, got out at 56 after i saw how 59 failed. sitting out and waiting for a better entryNota
btw, for those looking back at these, I re entered at 49 sats and sold at 71-73 (too early in hindsight, but still, 53% aint bad)Nota
Another update, Rebought 78 after selling 73about a 6.5x all in all
Penafian
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