P_S_trade

MaticUSD came into the liquidity zone. Next move ?

WHITEBIT:MATICUSDT   Polygon / Tether US
Today, we analyze the global graph of the Maticusdt trade pair
Of course, virtually all of the alts is very painful to respond to the fall of the price of BTCUSDT
However, on the other hand, the price of alts reaches strong liquidity zones, from which were organized good buyback up at the trade history.
So the Maticusd price reached the liquid zone $0.67-0.80 which previously held back the notorious and sharp rainfall in May-June 2022

In the graph, we used a combination of vertical and dynamic fibolevels. Maybe the schedule will be strongly cluttered, but if you look at, can get a lot of beneficial trade information.

All crypto market is now at critical levels where volitional trade decisions will be made. Hence, in close future either organize a worthy rebound up or another wave of a strong fall, which results in traders and investors will be "lick the wounds" for months, if not years ...

Summarizing:
Looking at the schedule, a set of medium-term long position in the liquidity zone $0.67-0.81 with an indicative purpose of sale x2 in the area of ​​$1.45 looks logical.
Fixing the Matic Price below $0.65 will open the way to work out the red scenario.
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