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MATIC looks good for a long if this key level is broken

MATIC has seen a price correction over the past 2 weeks from previous highs of 2.25.
The price looks like it has found a bottom & is currently in accumulation.
A trigger for a long position would be a break & retest of the previous highs which is marked on the chart with a green box.
The RSI is above 50 signalling an uptrend & the MACD has crossed which shows bullish momentum.
It's also important to note the price has tested the .618 Fib at around the 1.435 price mark.
The price looks like it has found a bottom & is currently in accumulation.
A trigger for a long position would be a break & retest of the previous highs which is marked on the chart with a green box.
The RSI is above 50 signalling an uptrend & the MACD has crossed which shows bullish momentum.
It's also important to note the price has tested the .618 Fib at around the 1.435 price mark.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。