Long
MATICUSDT 4H
MATIC is unstoppable! It has already broken up the bullish channel and the upper line of the keltner channel. It can pull back to the 1.3727 region to take a breath and then move up towards 1.6148, or go straight up to 1.5191 before that pullback. Stocastic above 70 does not necessarily mean “overbought”. Upward moving averages indicate and confirm the uptrend.
Here are the supports and resistances in the 4H:
Main support levels : 1.3718/ 1.2500 / 1.1405
Main Resistance Levels: 1.5215/ 1.6179/ 1.7048
Recalling that Polygon has set March 27 as the launch date for the long-awaited beta mainnet network Ethereum Virtual Machine (zkEVM), an innovative technology that aims to increase the speed of blockchain transactions and reduce their cost.
Here are the supports and resistances in the 4H:
Main support levels : 1.3718/ 1.2500 / 1.1405
Main Resistance Levels: 1.5215/ 1.6179/ 1.7048
Recalling that Polygon has set March 27 as the launch date for the long-awaited beta mainnet network Ethereum Virtual Machine (zkEVM), an innovative technology that aims to increase the speed of blockchain transactions and reduce their cost.
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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.