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MATIC ready to break down due to unforeseen technicals
This is a very tough analysis to do as there was an anomaly of an event which shifted the technical analysis dynamics.
I guess right now the price is sideways with bearish signals for further downside.
Once we have price below the 200MA and below the support around $0.7600 it's likely for the price to continue down to $0.2550.
With the crypto-winter, lack of confidence with exchanges, regulations and finances - I wouldn't be surprised to see further downside for Altcoins like MATIC.
Bearish bias.
I guess right now the price is sideways with bearish signals for further downside.
Once we have price below the 200MA and below the support around $0.7600 it's likely for the price to continue down to $0.2550.
With the crypto-winter, lack of confidence with exchanges, regulations and finances - I wouldn't be surprised to see further downside for Altcoins like MATIC.
Bearish bias.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.