Long
MATIC: Pullback in Uptrend
Polygon (MATIC) technical analysis:
Trade setup: Pullback near $0.75 support and 200-day moving average could be an attractive swing entry.
Trend: Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $0.75, then $0.50. The nearest Resistance Zone is $1.00, then $1.30.
Trade setup: Pullback near $0.75 support and 200-day moving average could be an attractive swing entry.
Trend: Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance: Nearest Support Zone is $0.75, then $0.50. The nearest Resistance Zone is $1.00, then $1.30.
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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.
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.