MATICUSDT: Setups for Long & Short
Once again, I made a more detailed recount of wave levels for MATIC.
Apparently the impulse structure in the big wave 1 or A has already ended, and now the correction in the big wave 2 or B continues.
I considered the coin earlier to open a short position, but I decided not to rush and wait for the first signs for the price reversal. I am not sure yet that the correction in wave B (in wave 2 or B) has ended.
Anyway, even if fail to open a short position (due to the ambiguity of the situation), I already expect the price to reach the internal support levels where I will be open a long position.
Apparently the impulse structure in the big wave 1 or A has already ended, and now the correction in the big wave 2 or B continues.
I considered the coin earlier to open a short position, but I decided not to rush and wait for the first signs for the price reversal. I am not sure yet that the correction in wave B (in wave 2 or B) has ended.
Anyway, even if fail to open a short position (due to the ambiguity of the situation), I already expect the price to reach the internal support levels where I will be open a long position.
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