Can MATIC be supported on the HA-High line...

Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(MATICBTC 1W chart)
If the price holds above 0.0000 5049, it is likely to explode the upside force.

---------------------------------------

(MATICUSDT 1W chart)
On the MATICBTC chart the price is in the high range, but on the MATICUSDT chart this is not the case.

This phenomenon is caused by the price fluctuation of USDT following the fluctuation of BTC price.

Therefore, the charts we usually see and trade are the MATICUSDT or MATICKRW charts.

However, I think the MATICBTC chart serves the same purpose as a dominance chart or an index chart, showing the strength of MATIC when the BTC price starts to show an upward trend.


Therefore, even if the price on the MATICUSDT or MATICKRW chart declines, if the MATICBTC chart maintains the price, eventually MATIC will show an increase in price.


In this sense, looking at the MATICUSDT chart, it can be interpreted that if the price is maintained in the 0.6164-0.8191 range or higher, it is likely to show an uptrend.

So, if it goes up, I expect it to touch around 1.2246.


(1D chart)
The question is whether the price can hold above 0.8647 and rise above 0.9486

-------------------------------------------------- -------------------------------------------

** All descriptions are for reference only and do not guarantee profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator includes indicators that indicate points of support and resistance.

** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)

---------------------------------