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.
Comment:
I was wrong in a video
I hope u see our last update before drop
I hope u see our last update before drop
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