if you like the idea, do not forget to support with a like and follow.
MATIC, As we can see price is trading inside this flat rising channel , recently price rejected 0.75 minor support zone and traded higher to form this channel
so, for now what ?! for now we will be waiting for the price to be retesting the lower trendline and 0.75 support zone to be searching for new longs
unless price manages to break this channel and traded lower then a further movement downward would be expected to the next massive support 0.5 until that happens we are overall bullish from a medium term perspective
and as usual follow your trading plan and manage your risk.
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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.