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MATIC Descending TRIANGLE 😎👇😎👇😎👇
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Hi dear traders
The price has formed a descending triangle.
After the climb, we see a deep correction.
I expect the price to reach the support area and then rise to the specified targets.
EMA20 plays the role of resistance.
Wait for confirmation to entery.
🎯0.9774
🎯1.0562
🎯1.1483
Let's see what happens
This is not financial advice ( DYOR )
Good luck
The price has formed a descending triangle.
After the climb, we see a deep correction.
I expect the price to reach the support area and then rise to the specified targets.
EMA20 plays the role of resistance.
Wait for confirmation to entery.
🎯0.9774
🎯1.0562
🎯1.1483
Let's see what happens
This is not financial advice ( DYOR )
Good luck
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ノート
In LTF we can see bullish divergence. Price need to hold above 0.8 support area.
In 4H we can see hammer candel, l expect price bounced to near EMA20 20 ( 0.854 ).
This analysis still valid
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