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cryptodailyuk

MATIC in the local uptrend!

MATIC Network / TetherUS (BINANCE:MATICUSDT)  
cryptodailyuk  
BINANCE:MATICUSDT   MATIC Network / TetherUS
Trend Analysis Technical Indicators Fundamental Analysis matic MATICUSDT Fibonacci Retracement fibonaccianalysis 4hrchart targets stoploss
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trendanalysis indicator fundamental matic maticusdt fibonacciretracement fibonaccianalysis 4hrchart targets stoploss
Hello everyone, let's take a look at the 4H MATIC to USDT chart as you can see the price has come above the downtrend line.

Let's start by setting goals for the near future that we can consider:
T1 - $ 0.491
T2 - $ 0.531
T3 - $ 0.588
and
T4 - $ 0.664

Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.436
SL2 - $ 0.513
SL3 - $ 0.394
SL4 - $ 0.377
and
SL5 - $ 0.350

Looking at the CHOP indicator, we can see that in the 4H range we collect more and more energy, and the MACD indicator shows that we are in a local upward trend
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