MATICUSDT → Breaking through triangle resistance

2024년 2월 27일

$BINANCE:MATICUSDT is forming an attempt to change the trend. The price is testing the resistance area of the descending triangle. A consolidation above the key level may start a strong distribution.



MATIC price is still in a bearish trend amid a strong cryptocurrency rally. For the last few days, the coin has been forming a resistance retest and is currently consolidating above 1.0303, a level that now plays a key role. If the bulls consolidate their positions above this level, they will form a potential for further growth of 20-50%. The first target is 1.1990, then 1.5490. On the weekly timeframe we see that the price realizes growth inside the range, the target of which is resistance.

Support levels: 1.03030, 0.9849.
Resistance levels: 1.1990, 1.5496.

The coin is breaking the resistance, but it is still under the pressure of sellers. If buyers consolidate their positions above 1.0303, form the so-called local bottom, strong growth awaits us in the medium and long term

BTCUSD TOTAL2 $BINANCE:MATICUSD

Regards R. Linda!

2024년 2월 28일

노트

Consolidation above key support area

2024년 3월 1일

노트

Resistance retest continues

2024년 3월 2일

액티브 트레이드

The coin is starting to come to life.
A strong support area is being formed, which may positively influence the price growth

2024년 3월 8일

거래청산: 타겟 닿음

Interim target achieved