JTS
MATICUSDTMATICUSDT is trading in long term bearish market. currently the instrument is retracing the previous bearish move and it seems like the market is ready for another move down.
GBPJPYif you look at this pair at a glance, it looks like there is an opportunity to short, because the price has broken out of the trendline. it is better to wait a while, if the price can go down deeper than the blue line below, then the price will most likely go to the support area. this analysis is valid as long as the price does not rise back more than the invalid area