Long

💲 Matic Ready To Break Out Higher 💲

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💲 Matic Ready To Break Out Higher

💲 Nearest strong support zone: around the 0.236 level of the downward wave

💲 Nearest strong resistance zone: around the recent peaks level 0.382 of the downward wave

💲 Technical environment:

- Moving averages: 50/50

- MACD: Uptrend

- RSI: Uptrend

💲 Price action: Matic is really climbing solidly, compared to other popular cryptocurrencies looking at its increases it has not fallen at all as hard as the rest during this bull market. The strength can be seen right away on the chart, it looks like with the current new wave of growth in the crypto market MATIC can easily reach around the 0.382 level of the entire downward wave.

💲 The scenario I'm playing out is a continuation of the increases to the first strong resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀

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