The birth of a new strongman???

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(MATICBTC 1W chart)
snapshot
If price stays above the uptrend line (1), it is expected to renew a new ATH.

It seems to be a coin with a very high possibility of becoming a new powerhouse.

Therefore, it is necessary to check the movement of coins (tokens) related to the Polygon coin ecosystem.

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snapshot

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(MATICUSDT 1D chart)
The question is whether it can break the uptrend line by moving higher above 1.3340.

If not, you should check for support around 1.0731-1.1688.


If it fails to move above 1.3340, a pullback towards 0.8647, near the lower end of the rising channel, is likely.

So, you need to see if there is any movement coming out of the uptrend channel.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (tradingview.com/script/OUA6XoS6-HeikinAshi-MS-Signal-HA-MS/).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

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Beyond Technical AnalysisTechnical IndicatorsmaticMATICBTCmaticusdMATICUSDTpolytonTrend Analysis

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