MATIC - Weak Consolidation (As you asked)
MATIC is consolidating after going through some corrections, but it still looks weak.
I would not open long positions on this coin for now. I'll wait after it crosses the resistance and after the closure of the first 4H candle above that area; only then it would be safe.
I've set the support areas for you guys if you're into opening short positions.
If I want to sum it up: Don't open Short or Long because this coin hasn't decided which way to go for now. I'd call it Neutral!
Current Market Price: $1.4150
Good Luck
Tell me your ideas. Like and Share
I would not open long positions on this coin for now. I'll wait after it crosses the resistance and after the closure of the first 4H candle above that area; only then it would be safe.
I've set the support areas for you guys if you're into opening short positions.
If I want to sum it up: Don't open Short or Long because this coin hasn't decided which way to go for now. I'd call it Neutral!
Current Market Price: $1.4150
Good Luck
Tell me your ideas. Like and Share
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