Polygon (MATIC) - July 14

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(MATICUSDT 1W Chart)

The interval 0.6163-0.8191 is the interval that determines the trend.

Therefore, it is important to be able to support and rise in this section.

If it falls below the 0.5590-0.6163 section, it may lead to further declines, so a short-term stop loss is required.


(1D chart)
If support is found near 0.6163 by the next volatility period around July 29, I would expect further upside.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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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