Polygon (MATIC) - May 6

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(MATICUSDT 1W Chart)
We need to see if we can rise above 1.081.

It seems to have turned into a full-fledged downtrend as it fell below 1.225.

Therefore, it needs to rise above 1.225 to break out of the downtrend.

However, as it is likely to find support in the 0.616-0.819 section and lead to a strong rebound, we need to think about countermeasures.

Below 0.616, there is a possibility of entering the mid- to long-term investment area.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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