Hello to all members of TradingView and my followers.
MATIC dropped again last week after reacting to the resistance range of 0.60 to 0.64 dollars. MATIC, which started a great rally from the $0.32 range, this bullish move shows strong support from buyers. Therefore, it can be concluded that according to the candles of the last wave, as well as the reaction recorded in the range of 0.40 to 0.435 dollars in the last four days, the price has pulled back towards the downward trend line. But the pullback has not yet fully formed.
Therefore, I expect to see another push to the $0.40 support level. So, if the current support is maintained, the price movement and buyers' efforts could resume once again towards the $0.60 range.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
MATIC dropped again last week after reacting to the resistance range of 0.60 to 0.64 dollars. MATIC, which started a great rally from the $0.32 range, this bullish move shows strong support from buyers. Therefore, it can be concluded that according to the candles of the last wave, as well as the reaction recorded in the range of 0.40 to 0.435 dollars in the last four days, the price has pulled back towards the downward trend line. But the pullback has not yet fully formed.
Therefore, I expect to see another push to the $0.40 support level. So, if the current support is maintained, the price movement and buyers' efforts could resume once again towards the $0.60 range.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
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