MATIC: Respecting the resistance trendline!

6 thg 2

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!

15 thg 3

Ghi chú

Again, moving as expected!

16 thg 3

Ghi chú

2$ will likely happen when the resistance zone is broken!

17 thg 3

Ghi chú

A new setup for Matic is coming soon!!

20 thg 3

Ghi chú

Nice retest of the trendline! Just what we needed!