terayu

Can we get a golden opportunity soon?

Short
BINANCE:MATICUSDT   MATIC Network / TetherUS
So there are a few things that I noticed, and it could be a great opportunity to consider either SPOT or FUTURES trading. As you can see MATICUSDT was holding an uptrend channel it has been a good support since June 2022. Looks like it is breaking down which is a very bad sign to go down further, but there is a major support zone at 0.3-0.35 area. This support zone must hold it otherwise we might even see a 0.05 area. The closing candle around 0.485 will be 3rd BOS (break of structure), and confirmation to continuously
go down. I will consider Long trade around 0.3-0.35 area.

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