Polygon to US Dollar
- By date
- Metadoro first
Polygon is moving alongside an uptrend since October 19. The MTCUSD tried three times to cross the resistance at 0.8600, but failed. Its prices have finally formed a Bearish engulfing candlestick pattern and went into correction. So, we may expect a further downside correction. I believe, it would be interesting to consider short trades from 0.8370-0.8420 with a target at 0.7870, the low of November 9. The stop-loss could be set at 0.8620.
Ticker | MTCUSD MTC/USD |
Contract value | 1 Polygon |
Maximum leverage | 1:10 |
Date | Short Swap (%) | Long Swap (%) | No data |
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Minimum transaction volume | 10 lot |
Maximum transaction volume | 10000 lots |
Hedging margin | 50% |