MATIC- breakout failure
Hello everyone
In the past couple of days we have seen some good momentum in the market , but sadly we can see divergence in 4 hours chart (green candle peaks on 20 Apr & 22 Apr),And we have a big shadow on the daily candle so far, Plus we had a half hearted rejection on our weekly trend line(The big red one).Consider this too, market been making higher lows on daily,but until I see a breakout on the red trend line, I think it's going down.
So far, my observation shows a possible breakout of the current channel on daily and maybe we have the price in between 1.3$ and 1.225$( It depends on today's candle very much).
Hope you guys make good money anyway.
In the past couple of days we have seen some good momentum in the market , but sadly we can see divergence in 4 hours chart (green candle peaks on 20 Apr & 22 Apr),And we have a big shadow on the daily candle so far, Plus we had a half hearted rejection on our weekly trend line(The big red one).Consider this too, market been making higher lows on daily,but until I see a breakout on the red trend line, I think it's going down.
So far, my observation shows a possible breakout of the current channel on daily and maybe we have the price in between 1.3$ and 1.225$( It depends on today's candle very much).
Hope you guys make good money anyway.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.