PolygonShort
MATIC: Opportunity to Accumulate
MATIC back down at range support with re-emerging supply volume is a good indicator of further pullbacks. If it revitalizes and heads back up to TRM (range midpoint), beware of jumping back into another bull trap. Money can be made riding traps, but you better know when to get out. Let the supper supply block be a guidepost. Otherwise, count on more retracements, ultimately down to the 1.618% where the PA mitigates the previous low and thus zeros out that macro liquidity void. Be safe, be prosperous! Note: I uploaded an analysis vid on this very chart to YT. Check it out for a more thorough breakdown.
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Not financial advice. Always DYOR and trade at your own risk.
Do you like winning trades and making easy money? Be sure to SUBSCRIBE for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average)!
Not financial advice. Always DYOR and trade at your own risk.
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