#MATIC did try to break the triangle pattern and ended up being a fake out. Still, price maintaining inside the pattern. Conditions are remains the same. If price break to upside then $1.38 - $1.39 will the potential retest area and you can have entries over there.
#𝗠𝗔𝗧𝗜𝗖 /𝗨𝗦𝗗𝗧 𝟭 𝗛𝗢𝗨𝗥 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Its consolidating at its support level ($0.59)
Resistance is at $0.67
• If it breaks the support level will take a short position
Target - 3:1-2:1
• We will enter into a long position if there will be formation of a green bullish candle or a green hammer.
Target 3:1-2:1
• Its consolidating at its support level ($0.59)
Resistance is at $0.67
• If it breaks the support level will take a short position
Target - 3:1-2:1
• We will enter into a long position if there will be formation of a green bullish candle or a green hammer.
Target 3:1-2:1
#𝗠𝗔𝗧𝗜𝗖/𝗨𝗦𝗗𝗧 𝟭 𝗛𝗢𝗨𝗥 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Support is at $0.577
There are three resistances :
R1- $0.63
R2 - $0.655
R3 - $0.675
For short position we will wait for a formation of red candle at R1.
Target - 3:1, 2:1
• We will avoid long position as of now and will wait for it to clear all the resistances.
• Support is at $0.577
There are three resistances :
R1- $0.63
R2 - $0.655
R3 - $0.675
For short position we will wait for a formation of red candle at R1.
Target - 3:1, 2:1
• We will avoid long position as of now and will wait for it to clear all the resistances.
#𝗠𝗔𝗧𝗜𝗖/𝗨𝗦𝗗𝗧 𝟭 𝗛𝗢𝗨𝗥 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Currently you can see a downtrend in it, support is at $0.48, formation of a green hammer or a Bullishness candle (long).
Target - 3:1, 2:1
• If it breaks the support we will short our position.
Target - 3:1, 2:1
• Currently you can see a downtrend in it, support is at $0.48, formation of a green hammer or a Bullishness candle (long).
Target - 3:1, 2:1
• If it breaks the support we will short our position.
Target - 3:1, 2:1