📊MATIC squeeze to a trendline! 3 preconditions to open a short
Hi friends! Matic is make the biggest performance among other altcoins. But after the Inflation rate announce, it`s make a pullback to the global trendline.
Even the announcment of the partnership between the Polygon (MATIC) and Starbucks don`t PUMP the price. This mean that the big buyer is waiting for the better price and don't want support the price to buy lower.
📊 Preconditions to open a short:
🔥squeeze to the trendline
🔥bearish BTC
🔥sell orders WALL on DOM and Footprint
🚩 When the matic test the trendline for 4 times, it`s make a huge Pump, but i think we are in a different market conditions now. In any case pay your attention to volume indicator and DOM to identify the Big players to open a trade in the same side with them.
📊 The closest targets is the $0.7-0.78 value area.
💻Press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Even the announcment of the partnership between the Polygon (MATIC) and Starbucks don`t PUMP the price. This mean that the big buyer is waiting for the better price and don't want support the price to buy lower.
📊 Preconditions to open a short:
🔥squeeze to the trendline
🔥bearish BTC
🔥sell orders WALL on DOM and Footprint
🚩 When the matic test the trendline for 4 times, it`s make a huge Pump, but i think we are in a different market conditions now. In any case pay your attention to volume indicator and DOM to identify the Big players to open a trade in the same side with them.
📊 The closest targets is the $0.7-0.78 value area.
💻Press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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