Clara_trader

there is a possibility of breaking higher resistances...

BINANCE:MATICUSD   MATIC Network / US Dollar (calculated by TradingView)
As long as the bottom of the channel is maintained, there is a possibility of breaking higher resistances. In the 1-hour time frame, the price trend is also upward, and the support of the $0.82-$0.83 range has prevented the growth of the price of this currency. Holding this range can bring the price to the ceiling of the short-term ascending channel , which will be the first short-term objective. But if this support is broken, the price will fall again to the bottom of the channel in the range of $0.70.
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