Long
Matic in a crucial position on the hourly

Short term bullish with a few bearish things to watch
Bullish
Matic is limping out of the hourly descending wedge
Selling pressure slowing as seen in actual vol and on the macd histogram
At a secret crypto support apex on hourly - an ema and ichi support
Bearish
Volume still sluggish
On the 4 hour long way (few days) to go before the 4 hour cloud let’s off...
Could see a pop up where the resistance will be clear in 4 hour chart... breaking down we’d be looking at the 200 sma for a bounce
Bullish
Matic is limping out of the hourly descending wedge
Selling pressure slowing as seen in actual vol and on the macd histogram
At a secret crypto support apex on hourly - an ema and ichi support
Bearish
Volume still sluggish
On the 4 hour long way (few days) to go before the 4 hour cloud let’s off...
Could see a pop up where the resistance will be clear in 4 hour chart... breaking down we’d be looking at the 200 sma for a bounce
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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.
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.