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MATIC/BTC TA Update (Another 30% drop?)

MATIC/BTC
MATIC closed below 200D MA this signals a bearish action is likely to happen in the coming days or weeks.
Important key support is also broken, now the downside target is between 150-120 sats regions before we might see a strong rally up.
By the time MATIC reaches the next key support, the RSI is mostly in the oversold conditions.
This is a good chance for the whales to accumulate again before a large pump.
MATIC closed below 200D MA this signals a bearish action is likely to happen in the coming days or weeks.
Important key support is also broken, now the downside target is between 150-120 sats regions before we might see a strong rally up.
By the time MATIC reaches the next key support, the RSI is mostly in the oversold conditions.
This is a good chance for the whales to accumulate again before a large pump.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.