If Matic holds this level veryl ikely it shoots straight up to the ATH in the coming months. It is a level where it likes to move straight up and down. For now Matic is fine and continues to hold strength against the entire market. Bearish setup is look to bottom as support if it does not hold, very likely to move straight down to the next support level.
Beautiful chart! This idea has high chances of working. 💙
InvestingScope
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Excellent thanks for sharing.
SwallowPremium
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What entry point can you recommend us here?
BrandonrG
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@SwallowPremium, That is the issue. entry now is difficult for someone looking to long or short. a bit in no mans land but i'd say .75 cents -1.00. possible to even retest that low of 30 cents set in June 22 since it never came back. Best bet for most is a long term outlook and accumulation.