* MATICUSDT is moving in falling wedge pattern, the beginning of an uptrend is expected when it will break falling wedge upside.
*The price is trading BELOW 21- MA as well as 50 MA, NEED to breakout both MA's as well as downtrend to be bullish .
*MATIC is now testing the major support zone. MATIC need to hold above $0.75 otherwise we will see heavy sell-off around 0.32. We may see a bounce from the support zone. Use stop loss below 0.70 if you have any open position in MATIC.
*presently most likely there will two scenarios to may be play out shown in my chart. scenario 1 is probably more likely if btc could bounce from here otherwise we gone 2nd one.
Take Profits: TP1= @ 1.75 TP2= @ 2.33 TP3= @ 2.69
SL= 0.70
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