MATIC might go for Further Correction Short

Matic / USDFTX

Description

⋅ May 24, 2021 5:11 PM

Still some correction is waiting from this level. Wait for perfect time to get entry. Daily chart depict the clear signals that it might go for further correction. It will not sustain the the present price.

Comment

⋅ May 25, 2021 12:35 PM

Bulls are trying hard to push & break the resistance at 1.75. If the price goes below 1.5, then further correction will happen. Next support would be at 1.2 level. Let's see. Add in the Dips. Ultimately it's long BULLISH.

Comment

⋅ May 25, 2021 11:35 PM

Breakout. It will go up now. Maintain Stop loss.

Technical Indicators Trend Analysis

Comments

MrBanik

⋅ May 25, 2021 11:33 PM

Breakout see. It will move up now. Maintain Stop loss.

isaacjarvis

⋅ May 25, 2021 8:01 AM

Do we really wait till 1.20 still? Especially with how slow it's dropping and with the Bollinger lower band around 1.50?

cryptoontje

⋅ May 24, 2021 5:44 PM

Thank you.