Long
MATICUSDT Analysis July 14, 2022
We are Bullish again on MATIC Network, $BINANCE:MATICUSDT, since late June, 2022, and the news of a partnership with Disney. The Horizontal Resistance Line at ($0.660) is trying to become Support. We are still well below the 200-Day Moving Average and the Daily Downtrend Line has also been broken. We are down over 87% since the All Time High in December of 2021. The Daily Downtrend Line has a triangle formation at the ($0.241) Support Area in late 2022 but maybe the Disney news is what MATIC needed for a push back to ($1.00).
Not Financial Advice...Trade with Confidence and Control.
Not Financial Advice...Trade with Confidence and Control.
Note
Notice how we got the signals over two weeks ago, well before the Disney news that broke today July 14, 2022...
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
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.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
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.