Stargazerr

Matic Long term trendlines

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BINANCE:MATICBTC   MATIC Network / Bitcoin
If the long term support trendline holds, the price is likely to bounce back to 240-250 sat area. If the trendline brokes, there is a support at 166 sats.
RSI is oversold on 4h chart and on a daily chart is about to step into oversold territory.
Yorum:
As i mentioned, if trendline brokes next support is at 166, and since btc decided to make a bold move alts naturally started to bleed and the 166 support i mentioned held nicely (price reached 168 - very close). If btc stabilizes we can see a slow upwards movement.

This is not a financial advice, DYOR!
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.