Is Matic due for a bigger correction than we want for a wave 2?

23. März 2022

im hoping we see a running flat/ backtest of the current parallel channel that Matic is in. however it is very possible that we see a 50%-61.8% retrace of the larger structure for a wave 2 before we go to the moon. either way i dont mind. input is encouraged

11. Apr. 2022

Anmerkung

although the original triangle i had for the move down didnt play out perfectly, downtrend movement is following my prediction. i have updated my chart with a larger descending triangle that might be in play. eiter way we have strong support at 1.13 area which we can expect it to hold and complete the running flat.
tradingview.com/chart/efY9v5IQ/

11. Apr. 2022

Anmerkung

27. Apr. 2022

Anmerkung

so far we are still on the way and playing out as expected

4. Mai 2022

Anmerkung

hello all, updating as we have now tapped the suspected bottom of this move for a possible running flat. i for one am buying some here, not to say we cant go lower but we can see some confluence and a possible bounce at the least from this area

4. Mai 2022

Anmerkung

this is our other option if this is a wave 3 completing here on top of the channel

11. Mai 2022

Anmerkung

as we continue our way down i have recounted many times and have a few options, and will continue to adjust and add to my count as it progresses.