EuroMotif

MATIC.btc crash aftermath Support Resistance Zones of importance

EuroMotif Mod Zaktualizowano   
BINANCE:MATICBTC   MATIC Network / Bitcoin
I don't have to tell you about the craziness with this coin.
But I hope to provide a road map of important prices zones.
Observe the action at each zone for signs of strength/weakness.

As this move gets digested by the market, I will post new plots.
Currently I have no guess as to what this coin might do next.
But we did catch nice profits on the way up, and on the bounce.

Chart Notes:
Left chart is 6H time frame, Right upper is 3H, and right bottom is 8 minute tf.
Hit the Full Screen (Sqaure) icon in lower center of any chart to blow up just that one.
Drag UP on any Price Scale to reduce overlapping numbers or for a closer view.

I used these exact Fibs/Zones were to make these timely calls (click):
Top Waring Dec 6, 2019
143 sat Long Entry Oct 9, 2019
385 sat Top Warning Jun 9, 2019
219 sat Re-Entry May 27, 2019
Rocket Launch May 19, 2019

I also plot many other Coins, plus Forex and Stocks. Take a look at my profile page.
My plots show you PRECISE zones for entry/exit/stop loss placement.
Even when "predicted direction" is wrong, the zones tell you instantly.

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Komentarz:
1st Update

Looks at the bounce in small TF, we see each line being noticed
Dropping a fib on each thrust of this bounce, I have narrowed down 2 lines of primary interest in thick purple (I know, a lot of big lines on there but each thrust makes its own ripples).
But that is why I usually mark zones of interest or specific lines and "un-extend" the rest of the fib lines.

Zoom back OUT with new Purple Lines in place I now have a narrow range of particular interest, and breakout to either side might trigger a big move.

Summary:
Bounce was decent but not impressive (yet).
Price is still respecting existing fibs, so it have not gone crazy but is keeping a surprising level of order.
And now we have two particular boundaries of interest (see last pic above) which could pre-shadow the ultimate fate.

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Komentarz:
Fell through the Zone

The thick Purple lines are from previous Update marking a zone of interest Price has now fallen through and reaching for next support below.

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Next support Below is around 211 Then a void till 180-ish. So a 15% drop is likely unless 211 holds.

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Zoom OUT (6h) Big picture: That support cluster of fibs is at the previous top.
If it fall through this support, it is in serious trouble.

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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