Most tokens have found support near last summers sell of lows; however, MATIC remains higher. Is that bullish? Yes it is.
Notice the WHITE Higher Low trend. As long as MATIC stays above that trendline, these pullbacks can be considered healthy corrections. The MA 50/100 haven't crossed yet, that is also bullish.
For any breakout MATIC needs to overcome those 2 trendlines. Notice the Squeeze indicator on the daily still has a few more days until it starts to turn green.
I see MATIC still hanging out until the end of the triangle is reached around Feb 14th/15th.
Good Luck
Notice the WHITE Higher Low trend. As long as MATIC stays above that trendline, these pullbacks can be considered healthy corrections. The MA 50/100 haven't crossed yet, that is also bullish.
For any breakout MATIC needs to overcome those 2 trendlines. Notice the Squeeze indicator on the daily still has a few more days until it starts to turn green.
I see MATIC still hanging out until the end of the triangle is reached around Feb 14th/15th.
Good Luck
Nota
1H look at the upcoming trendlines
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.