Long
MATIC/BTC TA Update (Pullback retest 200 Day MA?)
MATIC/BTC
MATIC is showing a little bit of strength coming from a massive sell-off last Dec 10. MATC has 1 more chance to prove itself bullish if the price bounces off the 200D MA
and the upward sloping trend-line support between 170 areas. If MATIC does that, There is a sign of potential short term growth up to the 250 sats region.
For now, we will have to wait for a see in the coming days if MATIC will signal to buy pressure when reached key areas.
MATIC is showing a little bit of strength coming from a massive sell-off last Dec 10. MATC has 1 more chance to prove itself bullish if the price bounces off the 200D MA
and the upward sloping trend-line support between 170 areas. If MATIC does that, There is a sign of potential short term growth up to the 250 sats region.
For now, we will have to wait for a see in the coming days if MATIC will signal to buy pressure when reached key areas.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.