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Matic Short
MATIC Analysis - 1 August 2022
MATIC is rejected from the weekly resistance level and is forming a big bearish flag. The current trend is still bearish and correction is completed for the next bearish move to start. Daily, as can be seen, is rejected thrice from the daily resistance level. We have a nice pinbar confirmation at the resistance. With bitcoin moving downwads, matic can easily fall to 0.45-0.5 levels.
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MATIC is rejected from the weekly resistance level and is forming a big bearish flag. The current trend is still bearish and correction is completed for the next bearish move to start. Daily, as can be seen, is rejected thrice from the daily resistance level. We have a nice pinbar confirmation at the resistance. With bitcoin moving downwads, matic can easily fall to 0.45-0.5 levels.
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#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance
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