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MATICUSDT on an important level of resistance

Hello Traders,
MATICUSDT is currently testing an important level of resistance. As you can see we broke the previous minor resistance and turned it into support. This one is a much more important level of resistance.
This zone also comes at the 61.8% Fib if we draw Fibonacci on the last impulse to the downside. 61.8 is the important level to pay attention in Fibonacci.
If the price breaks out above this zone, we can definitely look for longs. An immediate resistance above this would be around 1.5.
Take trade only after seeing a proper breakout and an overall positive market.
Have a nice trading day ahead.
MATICUSDT is currently testing an important level of resistance. As you can see we broke the previous minor resistance and turned it into support. This one is a much more important level of resistance.
This zone also comes at the 61.8% Fib if we draw Fibonacci on the last impulse to the downside. 61.8 is the important level to pay attention in Fibonacci.
If the price breaks out above this zone, we can definitely look for longs. An immediate resistance above this would be around 1.5.
Take trade only after seeing a proper breakout and an overall positive market.
Have a nice trading day ahead.
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.