MATIC/USDT Wave C of Corrective Wave Formation

22. Aug. 2019

We are in the final phase of MATIC's corrective wave formation (or at least I hope).

The next few days will see a descending wave formation. RSI was heading downwards on the day charts but turned upwards slightly the last couple of days to accommodate Wave B of the corrective wave formation

I foresee this turning down again today/tomorrow to accommodate the downtrend.

Review the trend for longer-term investment when RSI reaches 0 on the 1D chart.

There may be good chances for downtrend trading over the next few days.

5. Sept. 2019

Anmerkung

I don't think it can get any more accurate than this. :)