CryptoGao1

MATIC Critical support direction

Giá lên
BINANCE:MATICUSDT   MATIC Network / TetherUS
Hey guys, here what a new update in MATIC.

Using the Daily chart;
>Price ended up falling all the way to the local support at 0.85. Support has been holding well so far so a critical movement is about to occur either UP or DOWN.
>IF price breaks below the white support line ,we will be likely heading close to or into the next support located at 0.61.
>IF price breaks above long term target is $1.7 and $2.8 bullish scenario.
>this is a CRITICAL support area and 0.85 is a very important support so i am expecting a big movement either up or down.
>Both support and resistance of the wedge seem to hold and be important as they have served their purpose 3 times each.

For the trader who wants to trade this chart, draw the wedge and place alarms below the support in case we break to the downside.

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