Updated
MATIC: Respecting the resistance trendline!
Over the past three years, the price has been following the resistance trendline, and recently, it tested the trendline, but it was unsuccessful in breaking through. If the price does manage to break through the trendline in the near future due to BTC going to higher highs, it is likely to move towards the blue resistance zone.
However, the price is currently heading towards the strong support zone, and the overall direction ultimately depends on where BTC goes from its current level. Hence, it is prudent to keep a close eye on BTC and its movement!
However, the price is currently heading towards the strong support zone, and the overall direction ultimately depends on where BTC goes from its current level. Hence, it is prudent to keep a close eye on BTC and its movement!
Note
Again, moving as expected!Note
2$ will likely happen when the resistance zone is broken!Note
A new setup for Matic is coming soon!!Note
Nice retest of the trendline! Just what we needed!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.