MATICUSD. The price is trading in an ascending price channel, but inside the channel a different situation is developing - a narrower price channel has been formed and the price is correcting after a false breakdown to this zone.
On the chart I marked a support zone, which will be a key nuance in the development of events, either the break-down and we will see the fall to the support of the global price channel, or growth, but it is worth orienting to this zone 0.93-0.94
I assume that since the trend is ascending, we might see growth from the local support. The short-term target is the zone of resistance and liquidity - 0.9928.
Regards R.Linda!
On the chart I marked a support zone, which will be a key nuance in the development of events, either the break-down and we will see the fall to the support of the global price channel, or growth, but it is worth orienting to this zone 0.93-0.94
I assume that since the trend is ascending, we might see growth from the local support. The short-term target is the zone of resistance and liquidity - 0.9928.
Regards R.Linda!
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NOโผ๏ธ
Youโ๏ธCAN and โ๏ธSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING๐ต!
๐ขFree Telegram Channel:
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๐ดContact:
t.me/RLindaSignals
๐งฟWeb: rlinda.com