MATIC is so different from the whole market. However, it's also in a bearish state. but keep in mind that in case of any consolidation (of the bearish movement), MATIC will have a stronger move and will catch the green zone. then it (and the market) will continue the downtrend.
its best timeframe to daytrade is 15min. only open short in market demand saturation.
@ilyasolloway, perfect, would be delighted to read your ideas too
imagine-k
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Before any upside, In my opinion, looking at the current market conditions and trend, it will go down to .90-.95 area
Finnovin
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@imagine-k, yeah that's the red area I showed. upside will happen after that. but it doesn't matter really when it happens. the green and red areas are mostly for determining your risk/reward potential for long/short positions.