Long
Polygon Matic Bullish Signal
Polygon Matic crossed the 200-day exponential moving average on 7th November, 2023. It ran up to 0.98 then came back to retest the 200-day exponential moving average from 22nd November through to 28th November. Polygon has since had five green Heiken Ashi candles above the 200-day exponential moving average. I'll start buying into Matic, with minimum leverage and a stop loss below the 200-day moving average. The next area of resistance is at 1.15, at which point I consider taking some profit off the trade.
What do you think of my idea? Hit me in the comments and thank you for reading
What do you think of my idea? Hit me in the comments and thank you for reading
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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.