#MATIC

Today I will share my market analysis of horseshoes

Why choose Horseshoe? I have been paying attention to matic before the ETF was passed. The trend of matic is very optimistic, the trading volume is large, and the liquidity is strong.

Weekly level: pinbar belonging to an obvious support position

Daily level: After experiencing gray-scale selling and extreme panic in the BTC market, the market formed new support and resistance positions. In this shock range, the market was shaken. Now the price has rebounded from the shaken position and has not yet returned to the support position. reach resistance position

Four-hour level:

From the downward trend line, the price has successfully exceeded the downward trend line with heavy volume, and the backtest is a shrinking decline and supply exhaustion.

Today I am temporarily using my mobile phone to express my views by typing, so I won’t add pictures for now. It is recommended that you can start directly at around 0.8. The take-profit position can be around 0.88, and the stop loss can be as low as before.