#MATIC UPDATE
The price is consolidating above the
$1 support for a while. This is a good time to start following the chart, since very soon we will get a
good chance for a new trade.
What is the plan?
There is an ascending channel, it is already almost broken downwards. If we see a
confident breakdown of the $1 support, it is an opportunity for an
easy SHORT! Because there are almost
no supports below the current price level.
What about buying? It makes sense
ONLY in case of $1.22 resistance breakout. As for now, chances of going there are
quite low.