teena o meatotino: O fa'ai'uga o le au'ili'iliga o lo'o mulimuli mai e na'o le pau lea o manatu o le tusitala ma e le tatau ona manatu o se fautuaga fa'afaigaluega.
Talu ai nei, Polygon [MATIC] bulls found renewed pressure from its $0.74-$0.76 range support. This resurgence, however, resulted in a reversal pattern, the breakdown of which found support in the $0.8 region.
The altcoin has now entered its compression range near the Point of Control (POC, red) in the $0.9 zone. MATIC could likely see a dull phase before a plausible volatile break in the coming sessions.
I le taimi o faʻasalalau, MATIC sa fefaʻatauaʻi i le $ 0.9052, i luga ole 1.23% ile 24 itula mulimuli.
MATIC Siata Aso Taitasi
Punavai: TradingView, MATIC/USDT
The previous up-channel (white) growth aided MATIC bulls to breach the $0.74-$0.76 va'aiga and flip it to support. Since then, this range has supported MATIC’s retracement over the last month.
After a bearish pennant structure on the daily chart, the coin saw a near-term setback. But the bulls were quick to retaliate from the $0.8 baseline. The buyers are now striving to retest the $0.93 resistance.
As the price action sailed near the POC, MATIC could likely enter a slow-moving phase in the $0.88-$0.93 va'aiga in the coming sessions. With the 20 EMA (red) still looking north and maintaining its position above the 50 EMA (cyan), the buyers could aim to continue the near-term gradual recovery.
A close above $0.93 would position the coin for an upside and hint at a buying signal. In this case, the potential target would lie in the $1.04 region.
An eventual close below the $0.88 support can provoke a near-term decline toward its long-term support range. The bulls must ramp up the buying volumes to sustain a close above the immediate resistance range.
Faʻavae
Punavai: TradingView, MATIC/USDT
le Faiga Faʻavae Fiafia Faʻaalia (RSI) jumped above the midline to depict an increased buying edge. A close beyond the 58-mark resistance would reaffirm the press time bias.
Ma le isi, o le Chaikin Money Flow’s (CMF) position above the zero mark also resonated with the bullish strength. But its recent lowering peaks could confirm a mild bearish divergence.
le Awesome Oscillator (AO) closed above the zero level after three weeks and confirmed the increasing buying power. Nevertheless, the ADX displayed a substantially weak directional trend for the alt.
iʻuga
MATIC’s sway above the 20/50 EMA and the POC unveiled a slight buying edge. A close above the $ 0.93 tetee could confirm the press time bullish bias. The taulaiga o le a tumau pea e pei ona talanoaina.
Ma le mea mulimuli, e tatau i le aufaipisinisi / faioloa ona vaʻavaʻai totoʻa i le gaioiga a Bitcoin aʻo faʻasoa e le MATIC le 63% 30-aso faʻatasi ma le tupe siliva.
Source: https://ambcrypto.com/polyon-matic-buyers-can-deploy-this-strategy-to-remain-profitable/