$Matic - Classic chart - 80% Drop - Target $0.25

Matic printing Bearish Flag pattern, can potentially drop over 80%

Matic & Bitcoin has similar pattern & Check out the comparison

Target $0.25

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My $1.2 Target is reached. So, closing the idea.

$Matic can extend upto $2

Unless it breaks out Bearish Flag, can drop to $0.25

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Reopened shorts & stick to the Target $0.25

Комментарий:

Closed my shorts in the morning. Seems like one more leg up until Fed meeting & then will short

Комментарий:

Reopened the short & wish me good luck

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Seems to be bullish

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With FED Rates Hike I'm activating this idea. BEARISH

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Despite Rate Hike & no Pivot in 2023 Market looks quite strong

So closing this idea for now

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Re-activating the Bearish scenario & Re-opened shorts

Heavily over bought

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Need confirmation on bearish scenario until then closing the idea

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Finally this crap broke down from falling wedge

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