Polygon (MATIC) technical analysis
MATIC SELL OFF POSITIONS
Polygon (MATIC) technical analysis:
Trade setup: Broke below 1.50 resistance and stabilizing around 1.25 support area (also 50-day MA). Need it to break back above 1.50 resistance. Forecast: 2.00. (set a price alert).
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line ( Bearish ) but RSI ~ 50 (Neutral).
OBV ( On Balance Volume ): is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance: Nearest Support Zone is 1.25, then 1.00. The nearest Resistance Zone is 1.50, then 2.00 and 2.50.
-For more chart analysis on the crypto market follow, and if you agree with this, like and share.
Cheers.
Polygon (MATIC) technical analysis:
Trade setup: Broke below 1.50 resistance and stabilizing around 1.25 support area (also 50-day MA). Need it to break back above 1.50 resistance. Forecast: 2.00. (set a price alert).
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line ( Bearish ) but RSI ~ 50 (Neutral).
OBV ( On Balance Volume ): is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance: Nearest Support Zone is 1.25, then 1.00. The nearest Resistance Zone is 1.50, then 2.00 and 2.50.
-For more chart analysis on the crypto market follow, and if you agree with this, like and share.
Cheers.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.