Polygon (MATIC) • Could break resistance into new ATH
MATIC offering good chance will break into new ATH soon. D and W trend looking good as of now.
1.7 is HIgh/Low macro range equilibrium. Once that is broken chances we move fast toward 2.4 where is expected to find some resistance but potential further target at 3.9
Overall a combo between the Daily and Weekly trend will tells us if it is sustainable or not.
Trading bellow 1.3 invalidates this idea while range between 1.5-1.3 is considered "neutral" where risk should be reduce until stronger signs
1.7 is HIgh/Low macro range equilibrium. Once that is broken chances we move fast toward 2.4 where is expected to find some resistance but potential further target at 3.9
Overall a combo between the Daily and Weekly trend will tells us if it is sustainable or not.
Trading bellow 1.3 invalidates this idea while range between 1.5-1.3 is considered "neutral" where risk should be reduce until stronger signs
D7R
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