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D7R
Sep 5, 2021 7:47 AM

Polygon (MATIC) • Could break resistance into new ATH  Long

Matic / USDFTX

Description

MATIC offering good chance will break into new ATH soon. D and W trend looking good as of now.

1.7 is HIgh/Low macro range equilibrium. Once that is broken chances we move fast toward 2.4 where is expected to find some resistance but potential further target at 3.9

Overall a combo between the Daily and Weekly trend will tells us if it is sustainable or not.


Trading bellow 1.3 invalidates this idea while range between 1.5-1.3 is considered "neutral" where risk should be reduce until stronger signs



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