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Matic (Polygon) Swing Trading Analysis 4H timeframe
Update: Bias remains bullish. Price found support at the Fib 61.80, which I did not account for in my previous analysis. Adjusted the trendline along with the fib as confluence.
RSI is still headed to the "oversold" area as expected as price approaches valid "bounce-off" points. Will personally add position once we get a good bullish candle close.
RSI is still headed to the "oversold" area as expected as price approaches valid "bounce-off" points. Will personally add position once we get a good bullish candle close.
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