Matic, half clear picture on btc pairs
We are in a stage that bearish & bullish scenario are equally possible and you see crvbtc is upper than its bullish trendline ( log) and you might expect pullback but btc lower than 36 will be false break out on crvbtc and it's probable, also pullback & continuation is equally possible
eth is facing strong resistance which is subject to break out if btc breaks its upper bearish pennant line however if you like to check weekly time frame you are going to see short term bearish scenario on eth is possible
What that means? Well stay away if you are not sure
What about matic
Matic is more subject to bearish moves
Parabolic run would retrace harder, i see bearish sign on force index and kvo, low volume signals change in trend in my opinion, so i say higher probable short case
retrace on btc causes drop in matic as a result of my idea
Take care
eth is facing strong resistance which is subject to break out if btc breaks its upper bearish pennant line however if you like to check weekly time frame you are going to see short term bearish scenario on eth is possible
What that means? Well stay away if you are not sure
What about matic
Matic is more subject to bearish moves
Parabolic run would retrace harder, i see bearish sign on force index and kvo, low volume signals change in trend in my opinion, so i say higher probable short case
retrace on btc causes drop in matic as a result of my idea
Take care