TheSignalyst

MATIC - Clean and Clear ❗️

KUCOIN:MATICUSDT   Polygon / Tether
Hello TradingView Family / Fellow Traders,

On Weekly: Left Chart
MATIC has been hovering within a big range in the shape of a flat rising channel marked in blue.

Currently, MATIC is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.

On Daily: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.

📉 Meanwhile, MATIC would be bearish short-term and can still trade lower inside the weekly support.

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

Trading Made Simple; and Rule-Based
www.RichTL.com

Instagram:
www.instagram.com/richthesignalyst

Telegram:
www.t.me/thesignalyst

Best CFD broker
cutt.ly/TickmillReal
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.