irCryptoClub - MATIC/USDT

19 Jun 2021

MATICUSDT
12 hours

By checking in the 12-hour time frame, it is in a good condition and as long as it is higher than the trend, the trend is still upward.

A new uptrend is expected to begin if the resistance indicated in the chart ($ 1.63) is crossed

19 Jun 2021

Nota

4 hours

By checking in the 4-hour time frame, the specified resistance range is also valid and crossing this range confirms the new uptrend wave.

By validating and comparing the price range of the blue box in both charts, this support is very important and if we lose it, we will see the price continue to fall to $ 0.88.



Given the above, the appropriate strategy for deciding on #MATIC currency is as follows

Given the resistance range of $ 1.63 for this currency, the short-term uptrend will not be confirmed as long as the price does not cross this range.

Due to the proximity of the price to the blue box and also the support trend of the purchase, it was announced that it is appropriate to observe the penetration loss to $ 0.88

If short-term resistance is crossed, short-term sell targets will be around $ 1.90 and $ 2.27

Good luck
Cryptoclub Analytical Team