Singkat
MATIC ready to break down due to unforeseen technicals
This is a very tough analysis to do as there was an anomaly of an event which shifted the technical analysis dynamics.
I guess right now the price is sideways with bearish signals for further downside.
Once we have price below the 200MA and below the support around $0.7600 it's likely for the price to continue down to $0.2550.
With the crypto-winter, lack of confidence with exchanges, regulations and finances - I wouldn't be surprised to see further downside for Altcoins like MATIC.
Bearish bias.
I guess right now the price is sideways with bearish signals for further downside.
Once we have price below the 200MA and below the support around $0.7600 it's likely for the price to continue down to $0.2550.
With the crypto-winter, lack of confidence with exchanges, regulations and finances - I wouldn't be surprised to see further downside for Altcoins like MATIC.
Bearish bias.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.