MATIC/BTC (100D-MA is Good Support)

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đź’ŽTechnical Analysis Summaryđź’Ž


MATIC/BTC


-MATIC has been consolidating above the 200D MA since July
-The price has retested the 100D MA and acted as support
-We have plotted a trendline resistance from the swing top
-If MATIC can break above 4300 sat, I see a potential retest of 4500 sat
-That scenario will increase the potential break out of this consolidation range
-We will see how this coin will play in the next few days

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