Long
MATIC - Can MATIC super-ass the resistance?
Hi Guys!
In this TA I want to talk about MATIC
After a healthy correction, MATIC is now on his way to go higher.
For now, there is a resistance at 0.02532, so if there is enough power to break the resistance there will be FIREWORK before the announcements and the resistance will turn into support. If this happens the next target will be 0.02956.
Bullish
- Good correction! Time for a pump.
- The daily stochastic RSI looks bullish.
- 3 major announcements on 30 June or earlier (Proof-of-Stake Validator, Plasma implementation, and Plasma - Cross-asset swaps)
Bearish
- There is resistance at 0.02532, if there is no break out then we can see a retracement.
In this TA I want to talk about MATIC
After a healthy correction, MATIC is now on his way to go higher.
For now, there is a resistance at 0.02532, so if there is enough power to break the resistance there will be FIREWORK before the announcements and the resistance will turn into support. If this happens the next target will be 0.02956.
Bullish
- Good correction! Time for a pump.
- The daily stochastic RSI looks bullish.
- 3 major announcements on 30 June or earlier (Proof-of-Stake Validator, Plasma implementation, and Plasma - Cross-asset swaps)
Bearish
- There is resistance at 0.02532, if there is no break out then we can see a retracement.
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