InvestMate 💲 MATIC Attention Strong Resistance Zone 💲
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💲 MATIC Attention Strong Resistance Zone
💲 Nearest strong support zone: around recent lows.
💲 Nearest strong resistance zone: around the fibo level 0.236 of the upward wave.
💲 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Uptrend
📊 RSI: Uptrend
💲 MATIC as I wrote in the last post perfectly reached the target
We are just now slowly reaching a strong resistance zone from which there is a high probability of executing a downward correction. I don't think we will reach the support zone, we will do something more like a flat correction we may even see the area around 1.200
📉The scenario I'm playing out is the execution of a downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
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