Hello everyone MATIC / USDT is in a medium term downtrend with low buy volume return on wedge breakout.
This session shows us an attempt by buyers to climb resistance is in the price, possible pull back down on the SMA 38.
The bearish signal will come to the resistance zone with sellers picking up for a powerful drop.
The non-growth of SMAs will confirm the trigger.
We can see a bearish divergence on the chart and a bullish divergence on the rsi.
So the trend line will break down to resume on a new short term uptrend.
Strong potential to start again on the lower support level to test the support zone.
These are not investment advice but usage recommendations.
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Crypto-monnaiesBTC/EUR, ETC/EUR, BTC/USD, ETH/BTC, BCH/USD, XRP/BTC
DevisesEUR/USD, GBP/USD, USD/JPY, EUR/JPY, AUD/USD, DXY
ActionsTOTALENERGIES, ERAMET, AIRBUS, Apple, Tesla, Inc, Uber Technologies, Inc
IndicesCAC 40, Indice DAX, Euro Stoxx 50, UK 100, Dow Jones, SP 500
Contrats à termeOr, Argent, Brent Oil, Crude Oil, Natural Gas, Bitcoin
ObligationsFrance 10Y, Allemagne 10Y, Italie 10Y, UK 10Y, US 10Y, Japon rendement 10Y