MATICUSDT Could go either way . HTF bias still bearish
Matic is currently trading in an ascending triangle (Bullish) if price breaks and retests as support then we can open a long. However my bias is bearish Price may drop below the dynamic support, Retest as resistance which opens an oppurtunity to open a short back to the origin of the recent price rally. Either direction you CAN profit from polygon. I believe the eth merge will be a sell the news event so shorting matic could be a no brainer. Trade Safe always use a stoploss. If we are lucky enough to see prices in the mid .40s i will start accumulating for the next bull run. lfg
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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.