MATICUSDT 1D Fibonacci Analysis
The MATIC-USDT pair disappears and is replaced by the POLUSDT quote.
Nothing changes since POL maintains the 1 to 1 correlation with MATIC, but the MATIC price history disappears from the listings...
In order to have a Technical Analysis of POL, we need the MATIC history. Without MATIC data, we will be investing blindly.
Important levels to take into consideration:
SL 0.33 If we lose this price, POL could go to 0.2 without any major problem.
At the moment, it has respected it and could be building a double bottom and at this level, it has marked exhaustion of the selling force below the 15 RSI level.
TP 0.90 if it respects 0.33, POL could reach 0.90, corresponding to 0.5 / 0.618 of the current bearish trend.
The MATIC-USDT pair disappears and is replaced by the POLUSDT quote.
Nothing changes since POL maintains the 1 to 1 correlation with MATIC, but the MATIC price history disappears from the listings...
In order to have a Technical Analysis of POL, we need the MATIC history. Without MATIC data, we will be investing blindly.
Important levels to take into consideration:
SL 0.33 If we lose this price, POL could go to 0.2 without any major problem.
At the moment, it has respected it and could be building a double bottom and at this level, it has marked exhaustion of the selling force below the 15 RSI level.
TP 0.90 if it respects 0.33, POL could reach 0.90, corresponding to 0.5 / 0.618 of the current bearish trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.