chartpattern
cryptocurrency
ethereum
indicator
matic
maticusd
polygon
trendanalysis
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MATICUSD
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1DLong
As described above, seems like MATIC is primed for a drop if breaks the lower band of BB If it hits 0.9 level and bounces back then it is bullish otherwise, I see it faltering down a cliff.
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-For 30 days MATIC price is bouncing off lower BB band up to 20-day SMA and back to the lower band. -BB getting tighter with strong signals of price consolidation in a downtrend. -RSI is constant in a predictable pattern for the last 30 days -StochRSI is more sensitive but noisier, going above 0.8, a possible signal for overbuying and reversal of price to lower...
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MATIC 15-day SMA crossed below the 50-day SMA, low trading volumes in the days ahead. Bearish signal?
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