Hello traders, MATIC / USDT is in a downtrend with low buy volume return from traders at the bottom of the range.
Strong potential to break down the stabilization zone and come and test the last support which is also a rectangle before coming to test the last supports of the drop leg.
No growth on the lower SMA which leads us to say that the market is not supported for the moment.
Before we break the tops with volumes and we go halfway.
Forecasts for the short term weakness on the part of bulls to see if with today’s expirations the market psycology changes and takes over.
In other cases the decrease followed by the breaking of the required serras level.
These are not investment advice but usage recommendations.
Thank you for taking the time to read my analysis.
Hope you enjoyed it.
Comment on your idea in the dedicated space in the description.
Please like and follow, thank you.
Hello traders, MATIC / USDT is in a downtrend with low buy
volume return from traders at the bottom of the range.
Strong potential to break down the stabilization zone and come and test the last support which is also a
rectangle before coming to test the last supports of the drop leg.
No growth on the lower
SMA which leads us to say that the market is not supported for the moment.
Before we break the tops with volumes and we go halfway.
Forecasts for the short term weakness on the part of bulls to see if with today’s expirations the market psycology changes and takes over.
In other cases the decrease followed by the breaking of the required serras level.
These are not investment advice but usage recommendations.
Thank you for taking the time to read my analysis.
Hope you enjoyed it.
Comment on your idea in the dedicated space in the description.
Please like and follow, thank you.
