MATIC / USDT 1D chart Resistance and Support

Hello everyone, I invite you to review the MATIC chart in pair to USDT, on a one-day timeframe. First, we will use the yellow lines to mark the uptrend channel in which the price is currently moving.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $1.11, the second support is at $0.95, then we have support from $0.83 to $0.71, then the price may drop to around $0.53.
Looking the other way, we see that the first strong support is at $1.45 and then we have support at $1.75. However, before that, the price must maintain the level of $ 1.31 at which it turned back last time.
Take a look at the CHOP index, which indicates that the energy is being used for an upward move, the MACD indicates that we are moving in an uptrend, while the RSI is moving in the upper range, which may indicate an imminent rebound.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at $1.11, the second support is at $0.95, then we have support from $0.83 to $0.71, then the price may drop to around $0.53.
Looking the other way, we see that the first strong support is at $1.45 and then we have support at $1.75. However, before that, the price must maintain the level of $ 1.31 at which it turned back last time.
Take a look at the CHOP index, which indicates that the energy is being used for an upward move, the MACD indicates that we are moving in an uptrend, while the RSI is moving in the upper range, which may indicate an imminent rebound.
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.