Long
[MATICUSDT] MATIC to 80 cents?
Hi all!
After a long range since mid March, when MATIC touched ATH, it's finally making some moves up again.
Currently trading around 45 cents.
As long as BTC doesn't do any big correction, I believe MATIC can go higher from here and reach a new ath.
MACD and RSI are both bullish and Bollinger's bands are showing a bullish trend being formed.
Next major resistance will be around 50 cents and at 54.
Green: TP area
Yellow: next major resistance
Momentum indicator is bullish as fuck too.
Fib extensions are showing a nice target around 80 cents (1.618 fib), which would be a X2 from here.
This is not an investment advice, do your own research.
Good luck everyone! :)
After a long range since mid March, when MATIC touched ATH, it's finally making some moves up again.
Currently trading around 45 cents.
As long as BTC doesn't do any big correction, I believe MATIC can go higher from here and reach a new ath.
MACD and RSI are both bullish and Bollinger's bands are showing a bullish trend being formed.
Next major resistance will be around 50 cents and at 54.
Green: TP area
Yellow: next major resistance
Momentum indicator is bullish as fuck too.
Fib extensions are showing a nice target around 80 cents (1.618 fib), which would be a X2 from here.
This is not an investment advice, do your own research.
Good luck everyone! :)
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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.
Related publications
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.