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Weekly forecast Polygon technical chart
Symbol MATICUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 25, 2023 - 12:44
Currentrange bound
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 0.7475, continuation of uptrend is expected.
  • We make sure when the resistance at 1.5680 breaks.
  • If the support at 0.7475 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.9425 on 03/10/2023, so more gains to resistance(s) 1.1365, 1.3070 and maximum to Major Resistance (1.5680) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 44.

Symbol Released Current Forecast
Polygon (MATICUSD) Fri, 22 Mar 2024
Polygon (MATICUSD) Sun, 17 Mar 2024
Polygon (MATICUSD) Sun, 10 Mar 2024
Polygon (MATICUSD) Mon, 4 Mar 2024
Polygon (MATICUSD) Sun, 25 Feb 2024