Short
MATIC short @ .8280 10x leverage
MATIC is extremely overextended on the 4-hour.
It has broken out of its channel line, but the entire crypto space seems to be topping right now.
Bitcoin is trying to break its macro resistance of 20,100 USDT, but does not seem to be able to have the momentum to do so.
All indicators report highly overextended qualities.
This may be a local weekly top for the crypto market.
It has broken out of its channel line, but the entire crypto space seems to be topping right now.
Bitcoin is trying to break its macro resistance of 20,100 USDT, but does not seem to be able to have the momentum to do so.
All indicators report highly overextended qualities.
This may be a local weekly top for the crypto market.
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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.