MATIC price analysis. We need a volume
BINANCE:MATICUSDT
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Since ATH in April we broke resistance downtrend line 15 October, with volume on 1D make a retest on same timeframe and bounce up!
Almost test 0.786 level by Fib, and found a support on 100EMA 1D
Matic should break 1.90$ but the problem is we don't see the volume! Thats why I expect rejection on this price level and come back to 1.65 test once again. 0.5 Fib.
Most worse scenario we can possible falling down to test uptrend line since July 1.47$
MACD on 1D is bullish we start going in to buyers zone!
Possible Targets
➡️Break 1.90
➡️After break ATH next target is 3.97$
➡️TOP for this bull run is 6$
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Since ATH in April we broke resistance downtrend line 15 October, with volume on 1D make a retest on same timeframe and bounce up!
Almost test 0.786 level by Fib, and found a support on 100EMA 1D
Matic should break 1.90$ but the problem is we don't see the volume! Thats why I expect rejection on this price level and come back to 1.65 test once again. 0.5 Fib.
Most worse scenario we can possible falling down to test uptrend line since July 1.47$
MACD on 1D is bullish we start going in to buyers zone!
Possible Targets
➡️Break 1.90
➡️After break ATH next target is 3.97$
➡️TOP for this bull run is 6$
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!
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