Hey guys, this is Julie ^^
Let's talk about MATIC today:
In my last analysis, I told you that it was a good place to buy MATIC, and now, it looks like it is finally confirming.
The green line resistance level has been lost, it looks like it will close above it today. For me, this is the last confirmation I needed to buy MATIC.
It's near the 21 EMA, near the support level (orange line), near the 61.8% Fibonacci Retracement, and we still have this amazing divergence on the OBV.
OBV: As you can see, the green line was a top before, and we are at the same price level today, but the OBV is MUCH higher than it was back then. When we have a divergence from the price trend, this indicates that a reversal may occur, and this is an incredible buy signal.
I really believe this is the best place to buy MATIC, if you have not bought before.
Thanks for reading! Don't forget to support me with your like and subscription =D
Bye bye!
Let's talk about MATIC today:
In my last analysis, I told you that it was a good place to buy MATIC, and now, it looks like it is finally confirming.
The green line resistance level has been lost, it looks like it will close above it today. For me, this is the last confirmation I needed to buy MATIC.
It's near the 21 EMA, near the support level (orange line), near the 61.8% Fibonacci Retracement, and we still have this amazing divergence on the OBV.
OBV: As you can see, the green line was a top before, and we are at the same price level today, but the OBV is MUCH higher than it was back then. When we have a divergence from the price trend, this indicates that a reversal may occur, and this is an incredible buy signal.
I really believe this is the best place to buy MATIC, if you have not bought before.
Thanks for reading! Don't forget to support me with your like and subscription =D
Bye bye!
