Polygon Matic price don't give up and trying growth
Updated
Let's start the idea of MATICUSDT by thinking about why we should draw medium-term estimates of possible price movements.
Here is our medium-term idea for MATICUSDT, which we published 6 months ago.
Back then, we clearly described two scenarios and under what conditions to stick to one or the other. There is an action plan, there are critical points of activation of one of the scenarios, and it remains to trade in the right direction. And then, like everyone else, we had no idea that someone would think of classifying MATIC as a "security" and that this would cause the price to crash.
You can easily test the idea)
In the short term, the MATICUSD price is approaching a strong liquidity zone around $0.73, which has been acting as support for a long time, so probably it will not be possible to break it up at the first attempt.
A slight correction will follow, and the second time around, you can try to break through to the top of the channel at $0.83
_____________________
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Here is our medium-term idea for MATICUSDT, which we published 6 months ago.
Back then, we clearly described two scenarios and under what conditions to stick to one or the other. There is an action plan, there are critical points of activation of one of the scenarios, and it remains to trade in the right direction. And then, like everyone else, we had no idea that someone would think of classifying MATIC as a "security" and that this would cause the price to crash.
You can easily test the idea)
In the short term, the MATICUSD price is approaching a strong liquidity zone around $0.73, which has been acting as support for a long time, so probably it will not be possible to break it up at the first attempt.
A slight correction will follow, and the second time around, you can try to break through to the top of the channel at $0.83
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Trade closed: target reached
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👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
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