Matic has been moving in a channel. It came back to its lower trendline, consolidated and bounced with heavy volumes. It also broke trendline 1. This makes for a good opportunity to go long.
Matic is also taking support from its 200 daily EMA which further strengthens my conviction.
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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.