Polygon (MATIC) - May 20

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(MATICUSDT 1W Chart)

If it falls below 0.616, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously.


(1D chart)
Resistance: around 1.225
Support: 0.616-0.819

Trade with caution as the trend is likely to continue out of the 0.616-0.819 range.

In order to transition from the short- and mid-term point to an uptrend, it needs to move above 0.889 to find support.

(buy)
- After confirming the support at 0.889

(Stop Loss)
- When the resistance falls below 0.819
- When it falls below 0.616

(Sell)
- When resistance near 1.225
- When receiving resistance near 1.630

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

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

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