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RizeSenpai
Aug 1, 2021 4:31 PM

Descending Triangle: Daily MACD & RSI Hidden Bearish Divergence Short

FTX:MATICPERP1D
Matic Perpetual FuturesFTX

Description

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Matic could be due for a 60% dump real soon as it's been testing the neckline of a descending triangle as resistance for days now and has begun to show weaknesses on the MACD and RSI in the form of Hidden Bearish Divergence.
Trend AnalysisChart PatternsTechnical IndicatorsDescending TriangleHidden Bearish RSI Divergence
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