Long
Matic bearish correction?
Hello everyone,
Matic is showing weakness and I would not advice anybody to get into the market right now.
I think we need to wait for Matic to go back to the trendline and see how it reacts, if the trendline is not going to hold then we may take in consideration the $2.0 level or even the $1.7 level.
Matic had an amazing run, it does definitely need some resting.
Have a nice trading week!
Matic is showing weakness and I would not advice anybody to get into the market right now.
I think we need to wait for Matic to go back to the trendline and see how it reacts, if the trendline is not going to hold then we may take in consideration the $2.0 level or even the $1.7 level.
Matic had an amazing run, it does definitely need some resting.
Have a nice trading week!
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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.