MATIC is in a local trading range between the levels of $2.7 and $2.4. The price is in this range for two weeks already. It is dangerous to open trades yet, because it is not known who is stronger in this case - sellers or buyers. It is worth waiting for a clear confirmation.
It is also worth noting that the price starts decreasing near the lower boundary of the trading range. This is not a very good signal. In the case of squeeze and breakout there may be a good opportunity to sell. In the case of a false breakout there may be a good opportunity to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
It is also worth noting that the price starts decreasing near the lower boundary of the trading range. This is not a very good signal. In the case of squeeze and breakout there may be a good opportunity to sell. In the case of a false breakout there may be a good opportunity to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Nota
MATIC - break down failed. BIG volume appeared at bottomlearn what to do the next
Nota
I was wrong in a video I hope u see our last update before drop
Nota
Nota
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Get access to the Private Club for FREE with VIP signals—plus a chance to grab +$500 on your trading account at the exchange👉 bit.ly/vip_club_bikotrading
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/Biko1YouTube
🔷Tg👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/Biko1YouTube
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.