#MATICUSDT 4h chart

9 באוג׳ 2021

Price has been going up lately and EMA ribbon was a nice support area as price kept bouncing up from it. However, we have a solid resistance level at $1.1731 that price is failing to break. We have a bearish divergence on RSI and MACD lines crossed and became bearish. When price breaks that reistance level we would see nice upward moves in price.