TOTAL APRIL WINNINGS: 149%
Matic has proven to be one of the better performing cryptcurrencies of 2019 and 2020. It’s recovery post-breakdown in December ’19 was a definite display of strength.
In our previous wave analysis for Matic, we believed it could have been in an A-B-C corrective formation. In this analysis, we update our expectations to it now being in the final phase of correction (with possible targets marked on the chart – duration and magnitude are a guide only. This is not a trade signal.).
The c-d-e portion of the current wave has the possibility to turn into subwave 1-2 of a new impulse wave.
On to a well overdue post of our winnings for April ’20, we had our eyes on the ‘super-accomplisher’ BAND giving us four very fruitful setups.
First up, we have a setup making us 51.7% in winnings at the start of April.
Second, we made 9.4% in winnings a few days later.
Third we have a 17.6% winnings setup achieved in under 24 hours.
And finally, the ripper generating 70.3% in under a week.
TOTAL April winnings: 149%
With several other setups in play since March/April, we are hoping June will be another ripper month here at Purple Crypto Premium.
Stay tuned for more unique ideas and our update on our May winnings.
‘Til next time,
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Trading View link: https://www.tradingview.com/chart/MATICUSDT/TppPSui7-Matic-to-Retrace/