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Technical analysis by wesheets about Symbol POL: Buy recommendation (7/26/2024)

https://sahmeto.com/message/2495269
wesheets
wesheets
Rank: 34878
0.9

MATIC LONG OPP

Buy
Price at Publish Time:
$0.51034
Profit Target:
(+37.56%)$0.702
Buy،Technical،wesheets

The USD chart is a complicated chart. We have now taken liquidity from the old low but only to test the previous low OB. I think a bounce to .70 is a pretty easy trade here BUT the BTC chart is testing a major low OB and a big bounce on the BTC chart is highly likely. If it gets that bounce, we could see the USD attempt to take out the previous macro high. I could see a short squeeze take place with short expecting the LH. This is really dependent on BTC breaking out here. So, tp some at .70 but maybe hold some for serious bull run gains.

Source Message: TradingView
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