headandshoulders
indicator
trendanalysis
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MATICUSDT
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1DShort
Looking at the Daily chart I noticed there is some bearish activity on Matic. There is a possible head and shoulders move playing out to the downside. If the Neckline gets broken, there will be even further downside. If the right shoulder becomes support, this head and shoulders move will be invalidated. MEXC:MATICUSDT.P
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Not financial advice just showing you what the chart is seeing. Nothing more. Any opinions are welcome.
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This idea was created in a 4 hour time frame using Fib retracement and Head and Shoulders. I could be wrong but once again I am a noob so it's just an idea of where it might be heading. I also used the Mac-D. Tell me what you think!
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