Long
$MATIC Accumulation Zone Before Attacking Prior Resistance Lines
$CRYPTOCAP:MATIC Polygon is putting in a bottom $0.71 to $0.82. The EMA ribbons are barely turning green on the 4 hour chart. Wait for it to turn green. Looks to take 8-10 days to play out before the trend will clearly reverse since the drop to $0.71. This consolidating has reset the RSI and funding rates. A sustained break above $1.03-$109 will start a powerful impulsive wave up toward $1.60-$1.80. I'd expect a "last level of support" rejection from $0.96 area back down to $0.82. Then blast off. Note: Scam wick safer liquidation prices below $0.68 to $0.50.
Do your own research. Just an idea.
Do your own research. Just an idea.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.