MATIC: Both Scenarios Are Possible
MATIC: Both Scenarios Are Possible
Considering Matic's price position, both scenarios are possible.
If the price will develop below the red zone of 1.0940, there is a higher chance of falling again.
If the price bounces above 1.0940 then it will continue with a bigger bullish move.
So for the bullish move is required confirmation.
In my opinion, it can move down with the sell-off that BTC can create during the bearish correction. The market is not stable yet.
You may watch the video for further details!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Considering Matic's price position, both scenarios are possible.
If the price will develop below the red zone of 1.0940, there is a higher chance of falling again.
If the price bounces above 1.0940 then it will continue with a bigger bullish move.
So for the bullish move is required confirmation.
In my opinion, it can move down with the sell-off that BTC can create during the bearish correction. The market is not stable yet.
You may watch the video for further details!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.