MATICUSDT🚀 Will there be a breakdown?!
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Hello everyone👋
Let's analyze the MATIC chart
Let's start right away with the RSI indicator, it can be seen that according to the chart we are in the overbought zone, which means that a rollback will follow soon and I think a scalp can turn out to be not bad in the $0.5360 zone😅
We see a certain triangle on the chart where the price is testing the upper border of the pattern, of course, it is inevitable that a breakdown will follow and the price may immediately fly to the local resistance. Well, there is another scenario with a false breakout of the triangle, and again to the support retest and from there already gain a position in LONG (22%)
Hello everyone👋
Let's analyze the MATIC chart
Let's start right away with the RSI indicator, it can be seen that according to the chart we are in the overbought zone, which means that a rollback will follow soon and I think a scalp can turn out to be not bad in the $0.5360 zone😅
We see a certain triangle on the chart where the price is testing the upper border of the pattern, of course, it is inevitable that a breakdown will follow and the price may immediately fly to the local resistance. Well, there is another scenario with a false breakout of the triangle, and again to the support retest and from there already gain a position in LONG (22%)
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