Kijun Bounce - Matic/BTC -1D
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If you look at Matic for the last few days on the 16th of October, the 18th of October and now again the 21st of October we see a Kijun Bounce trade.
Each time we have seen this result in a 5% move and currently this one has momentum and volume behind it. If you check the 4hr using Multiple Time Frame Analysis you will see it has already started to make a move.
I would set targets at:
1. 181
2. 188
3. 210 - 1-2 weeks
Stop loss: 169 keeping it tight or if you want to play it a little loose stop just below the Kijun at 164.
This trade still has a daily Edge to Edge possibility and recently had a Bullish Kumo Twist.
Goodluck everyone!
Follow me on Twitter at: coachkcrypto
Coach K
Each time we have seen this result in a 5% move and currently this one has momentum and volume behind it. If you check the 4hr using Multiple Time Frame Analysis you will see it has already started to make a move.
I would set targets at:
1. 181
2. 188
3. 210 - 1-2 weeks
Stop loss: 169 keeping it tight or if you want to play it a little loose stop just below the Kijun at 164.
This trade still has a daily Edge to Edge possibility and recently had a Bullish Kumo Twist.
Goodluck everyone!
Follow me on Twitter at: coachkcrypto
Coach K
Nota
Target 1 hitAt 185 she should hit that soon and then we move out stop to 181 and use evolving R to manage the trade up
Nota
Target 2 hit exactly 188 sats13% gainer here
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