UMUTASLAN

MATIC - Can MATIC super-ass the resistance?

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
Hi Guys!
In this TA I want to talk about MATIC

After a healthy correction, MATIC is now on his way to go higher.
For now, there is a resistance at 0.02532, so if there is enough power to break the resistance there will be FIREWORK before the announcements and the resistance will turn into support. If this happens the next target will be 0.02956.


Bullish

- Good correction! Time for a pump.

- The daily stochastic RSI looks bullish.

- 3 major announcements on 30 June or earlier (Proof-of-Stake Validator, Plasma implementation, and Plasma - Cross-asset swaps)


Bearish

- There is resistance at 0.02532, if there is no break out then we can see a retracement.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.