🔥 MATIC Still In A Down Trend: For How Long?
Since December, MATIC has been trading in a clear down trend, adhering to the bearish dotted trend line. However, during the last few days there seems to be an uptick in bullish sentiment across the markets. Will it be enough to change the longer-term trend?
The yellow indicated area is going to be of great importance. If we manage to break out bullish, there's a clear path towards $2 and beyond. However, since the markets are still distressed, there's a decent probability that MATIC will reverse and trade bearish again. Keep a close eye on BTC for the general direction of the trend.
Happy trading!
The yellow indicated area is going to be of great importance. If we manage to break out bullish, there's a clear path towards $2 and beyond. However, since the markets are still distressed, there's a decent probability that MATIC will reverse and trade bearish again. Keep a close eye on BTC for the general direction of the trend.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.