Short
Matic - how hard to break 1 $ mark ?
From the bottom of .32 matic has now 110% up.and now standing at 200 Ema . Many times coin start in downward direction after taking resistance from ema. And this downward run has average range of 20-25%. After all the news of crypto exchange around the world the and many other news, of market started following downtrend than we could achieve our 1st target of 0.8 and second with support of 0.73.
Also many time market stucks in range bound .since matic is also standing at 1 usdt of round number from which i think it's hard to break 1 usdt mark. think now it's time to short rather than buying more matic.
Also many time market stucks in range bound .since matic is also standing at 1 usdt of round number from which i think it's hard to break 1 usdt mark. think now it's time to short rather than buying more matic.
Trade active
Here are 2. more short term target level :1. 0.86 which is short time frame support level
2. 0.82 if 0.86 breaks with significant volume we may get our target
Trade closed: target reached
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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.