There are 3 different reasons that I thought we should open a Short position hear for pair MATIC/USDT.
Firstly, we can see the divergence on RSI indicator, although MATIC breaks out old ATH but RSI does not. It shows us that bull side is not strong enough and somehow cash flow is moving to other pairs which have better position than MATIC now.
Secondly,...
People are talking about Web3 coins so much, so I decided to take a look at some Web3 coins that they said it is potential in the next couple of months.
Let's analyze pair POND/USDT.
Firstly, on RSI indicator we can easily see the divergence compare with price line on the chart (price is going sideway but RSI is increasing)
Secondly, it just breaks out down...
