MATIC/USDT (REQUESTED CHART 2)!
MATIC breaks down the rising wedge pattern few days before and after hitting the supply zone bounces back.
Currently, it is facing a local resistance here around $1.65 if it breaks above this then we might test the demand zone which is at $2-$2.1
If it did not break that local resistance then we can go again test the supply zone.
So if you are holding this then keep an eye on local resistance if it breaks then close your position at around demand zone.
Overall it's not looking that much bullish for me.
Do show your support with like and follow.
Thanks!
Currently, it is facing a local resistance here around $1.65 if it breaks above this then we might test the demand zone which is at $2-$2.1
If it did not break that local resistance then we can go again test the supply zone.
So if you are holding this then keep an eye on local resistance if it breaks then close your position at around demand zone.
Overall it's not looking that much bullish for me.
Do show your support with like and follow.
Thanks!
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