MATIC, TECHNICAL FULL ANALYSIS!!!
Matic has retested the dynamic support zone several times and know has become really dangerous (due to the bitcoin and market condition...). Looking for a powerful breakout (up or down).
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This chart illustrates that rsi has been forming a kind of compression that is going forward to touching the dynamic support floor while we have the dynamic support on the Matic price chart.
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And this is the full chart view af the Matic's history:
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In conclusion, market needs to stabilize the condition and reduce the fear dominated throughout the market prices. Stay tuned for more updates and be careful to add stop losses for your trading positions.
-Thank you anyway-
--------------------------
This chart illustrates that rsi has been forming a kind of compression that is going forward to touching the dynamic support floor while we have the dynamic support on the Matic price chart.
--------------------------
And this is the full chart view af the Matic's history:
--------------------------
In conclusion, market needs to stabilize the condition and reduce the fear dominated throughout the market prices. Stay tuned for more updates and be careful to add stop losses for your trading positions.
-Thank you anyway-
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