Lingrid | MATICUSDT tested June 2022 HISTORICAL Support LEVEL

20 באוג׳ 2024

$BINANCE:MATICUSDT has reached the demand zone that was last tested in June 2022. The market formed a long-tailed bar on the weekly timeframe, indicating level rejection and a potential bullish move. Additionally, it broke and closed above the accumulation zone, which is another positive sign. I believe the market may rise to retest the resistance if the price remains above the 0.400 level. I expect it to break through the channel and continue its bullish trajectory. Keep an eye on the closure for August, as the price action on the monthly chart is creating another significant long-tailed bar. My goal is the resistance at 0.500


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

22 באוג׳ 2024

עסקה סגורה: היעד הושג

TP hit