- November 30, 2019
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is a follow up of the last MATICBTC call where both Targets got hit (0.00000268 and 0.00000350) as you can see below:
Now I have found an interesting correlation for those of you who want to take some more risk. The similarities with the May parabolic rise are strong. That sequence is divided into two parts: first and second rise, the second being 80% of the first. Between the two a small pull back occurred.
Similarly right now the first rise seems to be over and after a pull back we are now at the start of the second phase. If the second rise is also 80% of the first (as it happened in May) then the peak will be surprisingly on the May top of 0.00000575.
Tradingview link:
https://www.tradingview.com/chart/MATICBTC/vvHpZq1I-MATICBTC-All-targets-hit-One-last-spike-left