Short
MATIC WILL BE BEAR!!!
The RSI is already overbought and is attempting to overbought for the second time in a row; if that happens, we are at the bottom within a week at most, so I think it will settle in the 0.81 to 0.80 range before we see some progress. In the previous analysis of MATIC, I stated that after hitting 0.8, it could come down to a low of 0.76. However, it hit 0.77 and then pumped again.
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.