MATIC gains energy for a new movement.
Hello everyone,
Let's take a look at the MATIC / USDT chart on the 1D interval.
Let's start with setting the trend with blue lianas, you can see that we are approaching the exit from the triangle.
The price should meet the first support around $ 1.48 and the next support around $ 1.31.
Looking the other way, it is worth determining the closest resistance that we should encounter, with the first of them the price is currently fighting at $ 1.57 if we manage to break it, the next we have at $ 1.68, $ 1.78 and $ 1.92.
It is worth paying attention to the CHOP indicator, which shows that the energy starts to rise, but the MACD indicator still shows the blue line below the red one, which may lead to a continuation of the downward trend.
Let's take a look at the MATIC / USDT chart on the 1D interval.
Let's start with setting the trend with blue lianas, you can see that we are approaching the exit from the triangle.
The price should meet the first support around $ 1.48 and the next support around $ 1.31.
Looking the other way, it is worth determining the closest resistance that we should encounter, with the first of them the price is currently fighting at $ 1.57 if we manage to break it, the next we have at $ 1.68, $ 1.78 and $ 1.92.
It is worth paying attention to the CHOP indicator, which shows that the energy starts to rise, but the MACD indicator still shows the blue line below the red one, which may lead to a continuation of the downward trend.