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• 4 Years of experience
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...................................................................................................................................................................................
We can see that MATIC reached the upper trend line, it is on the 1.5 resistance level which is in confluence with the golden ratio of the Fibonacci Retracement, from there we could expect a drop especially if we see BTC go down to retest the broke trend line of the channel.
However, if we break above 1.5 with confirmation we will go to 1.7 easily.
Support: 1.3
Resistance: 1.5
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
WHY FOLLOW?
• 4 Years of experience
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
...................................................................................................................................................................................
We can see that MATIC reached the upper trend line, it is on the 1.5 resistance level which is in confluence with the golden ratio of the Fibonacci Retracement, from there we could expect a drop especially if we see BTC go down to retest the broke trend line of the channel.
However, if we break above 1.5 with confirmation we will go to 1.7 easily.
Support: 1.3
Resistance: 1.5
...................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
