stephanelibatd

MATIC / USDT Analysis D1

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BINANCE:MATICUSDT   MATIC Network / TetherUS
Hello traders, MATIC / USDT is in a secondary upward trend with a further slowdown.

It is stabilizing for the moment in a compression zone which looks like a pennant see symmetrical triangle, we can notice a recovery leg and today a strong refusal but the market is pushing hard.

MATIC / USDT is on a recent trendline if it breaks out then there will be a strong signal that the market is going down to test its last previous uptrendline.

The second signal will confirm a new momentum or a collapse in the price or even a lack of interest for the moment of this crypto market.

These are not investment advice but good session recommendations.
Be careful the market can change at any time.

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