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MATICUSDT Analysis November 4, 2022

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
We are Bullish here on MATIC Network, MATICUSDT , since early October, 2022, with an Open/Close above the Weekly Downtrend Line and the news of all the partnerships. The Horizontal Resistance Line at ($1.016) is currently trying to become Support.

We have moved up and pass the 200-Day Moving Average. We were down over 88% since the All Time High in December of 2021 but maybe the partnership news is what MATIC needed for a push back to ($1.00) or ($1.60).

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