شراء
Polygon (MATIC) can start a big reversal from this support
Hi dear friends, hope you are well and welcome to the new update on Polygon (MATIC).
A wedge and triangle:
On a weekly time frame Matic has broken out an ascending triangle and now it is testing the previous resistance of the triangle as support, moreover, it is also testing support of a huge rising wedge pattern. There is also a support of exponential moving average 21 below the priceline. Therefore, there is a very high probability for price action to start a bullish reversal move from here. This expected move can be at least upto the resistance of the wedge which is approximately at $3.30.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
A wedge and triangle:
On a weekly time frame Matic has broken out an ascending triangle and now it is testing the previous resistance of the triangle as support, moreover, it is also testing support of a huge rising wedge pattern. There is also a support of exponential moving average 21 below the priceline. Therefore, there is a very high probability for price action to start a bullish reversal move from here. This expected move can be at least upto the resistance of the wedge which is approximately at $3.30.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.