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MATIC | Ascending triangle.
MATIC daily time frame.
Since bottoming out in mid-June, MATIC daily prices have gradually formed an ascending triangle pattern. If it can break the upper resistance line upwards, MATIC can break out of Fib 0.786. Back to the Fib 0.5~0.618 area (around $1.5). If it fails, the triangle mode is disabled. MATIC consolidation continues.
If you like and support our analysis, please give us a like and leave your comment. 😘
Good luck~☘
Since bottoming out in mid-June, MATIC daily prices have gradually formed an ascending triangle pattern. If it can break the upper resistance line upwards, MATIC can break out of Fib 0.786. Back to the Fib 0.5~0.618 area (around $1.5). If it fails, the triangle mode is disabled. MATIC consolidation continues.
If you like and support our analysis, please give us a like and leave your comment. 😘
Good luck~☘
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