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MATIC's bounce is not backed by volume, Can test 100 sats level

154
Matic's bounce from 113 sats to 145 sats is not backed by enough volume to consider it as a reversal of trend. It already looks worn out on the 1 hour RSI. 100 sats support level is where the stops lie. A meaningful reversal can be expected only after testing that level.
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Placed a buy stop order at 101 sats.
karthiksai
Technical IndicatorsTrend Analysis

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Technical IndicatorsTrend Analysis
karthiksai

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.