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InvestMate ๐Ÿ’ฒ MATIC Attention Strong Resistance Zone ๐Ÿ’ฒ

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๐Ÿ’ฒ MATIC Attention Strong Resistance Zone

๐Ÿ’ฒ Nearest strong support zone: around recent lows.

๐Ÿ’ฒ Nearest strong resistance zone: around the fibo level 0.236 of the upward wave.

๐Ÿ’ฒ Technical environment:

๐Ÿ“Š Moving averages: Uptrend

๐Ÿ“Š MACD: Uptrend

๐Ÿ“Š RSI: Uptrend

๐Ÿ’ฒ MATIC as I wrote in the last post perfectly reached the target
๐Ÿ’ฒ Matic road to $1.3 open ๐Ÿ’ฒ

We are just now slowly reaching a strong resistance zone from which there is a high probability of executing a downward correction. I don't think we will reach the support zone, we will do something more like a flat correction we may even see the area around 1.200

๐Ÿ“‰The scenario I'm playing out is the execution of a downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

๐Ÿš€ If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. ๐Ÿš€

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