We looked at MATICUSDT (Polygon) long-term, weekly timeframe, but what about the short-term, how are things looking?
Things are looking good to go straight to the point.
When looking at the daily timeframe we can see MATICUSDT just recovered after hitting MA200.
This right away tells us that this move is only getting started and there is more to come.
This recovery happens at a higher low and thus the higher high is basically guaranteed. If not certainly, these additional bullish signals should help:
- Increasing volume. - Bullish MACD cross and Bullish RSI.
This is a powerful signal.
Both indicators are showing hidden bullish divergence as they printed lower lows in a period when MATICUSDT printed a strong higher low.
We've been saying it will continue growing and it is happening... Be prepared!
Maximize profits because we don't know how the year will end. Secure, stay safe.
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