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Polygon [MATIC] will see more sell pressure below $0.9780
MATICUSDT
, 120
Short
MATICUSDT: Polygon [MATIC] will see more sell pressure below $0.9780
Updated 

Price action faced rejection at the bearish OB on the 2-hour chart at $1.0140 and dropped to bullish OB at $0.9854 (cyan). A close below the support (cyan) and confirmed downtrend could push MATIC to $0.9515 ( a bullish OB on the daily timeframe). The RSI and OBV dipped - buying pressure eased. But RSI was in a neutral position. Entry: $0.9780 (below bullish...

Bitcoin set to retrace past 24 hours' gains
BTCUSDT
, 120
Short
BTCUSDT: Bitcoin set to retrace past 24 hours' gains

Bitcoin bounced from $28.2k on Wednesday but the bulls' hopes of a rally might be nipped in the bud. H2 bearish OB (red box) at $29.3k-$30k was tested in recent hours The FVG (white box) at the $28.8k region has been filled- and the price climbed slightly higher as well. The H1 bullish OB at $27.8k is the bearish target Entry: $29,315 (retest of H2...

BTC can see a bounce from this OB before further losses
BTCUSDT
, 60
Long
BTCUSDT: BTC can see a bounce from this OB before further losses
Updated 

The 1-hour bullish order block (cyan) at $27,750 could see a minor bounce in prices. However the 4-hour and daily timeframe structures were bearish and showed that the trend pointed downward The RSI and OBV noted declines to reflect selling pressure in recent hours A session close below bullish hourly OB will invalidate the idea Entry: $27,917 Exit: $28,750...

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