MATIC - Still Strong!💪

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

As per my last analysis (attached on the chart), we have been waiting for MATIC to approach the blue support 0.7 to look for buy setups.

MATIC rejected the support, traded higher and now approaching the green resistance around 1.3

For the bulls to remain in control, and take over long-term, we need an aggressive break above 1.4

Meanwhile, we are bullish trading inside the orange channel.

UNLESS, the bears kick in, which would be confirmed by breaking below the orange channel and last major low from H4, then a bearish correction would be expected.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich