Polygon (MATIC) - June 13

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(MATICUSDT 1W Chart)
Below 0.616 is likely to be a mid- to long-term investment area.


(1D chart)
In the short and medium term, it needs to move above 0.616 and find support to turn into an uptrend.

So, the key is whether it can move higher than 0.616 quickly.

If it rises and encounters resistance near 0.616, a Stop Loss is required to preserve profit and loss.


The 0.616-0.819 interval is an important trend-determining interval, so we need to move above 0.889 to say we are in an uptrend.


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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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