According to Coinlion Trend Trader Indicator, MATIC is currently bearish. Short alert at $1.17 (3th of March)
Reminder last bull run from $0.85 (01/11/2023) till the $1.26 (02/25) with plenty of Profit alerts (60-80%)
Now we are shorted MATIC There is a buying pressure between $1.02 and $1.04 We might touch the bottom of the ascending channel around 1$ and take some profit (which is also the 200SMA) before pulling back (we hope) to 2$.
But we need to follow the rules and the Coinlion Trend Trader Indicator
What do you think ?
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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.