Hi everyone MATIC declined after nice uptrend on May 30. now it found good support around 0.0198. it seems we have a correction right now and I expect the price test 0.023 in short term but if the price can't close upon that level it declines to our main support. after all the movement depends on BTC. so I keep watch on the pair to set new position. let you know by the time.
Enjoy the market
Note
as you can see MATIC finally tested the level I drew on the chart. now it's going to choose where to move. to me right now it is strong bullish if the price can close upon the level may touch 0.026 for double top pattern. if not it declines deeply.
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.
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.