Hello traders, MATIC / USDT is in a secondary upward trend with a further slowdown.
It is stabilizing for the moment in a compression zone which looks like a pennant see symmetrical triangle, we can notice a recovery leg and today a strong refusal but the market is pushing hard.
MATIC / USDT is on a recent trendline if it breaks out then there will be a strong signal that the market is going down to test its last previous uptrendline.
The second signal will confirm a new momentum or a collapse in the price or even a lack of interest for the moment of this crypto market.
These are not investment advice but good session recommendations.
Be careful the market can change at any time.
Comment your reaction to this idea in the description space!
Thank you for taking the time to read my review.
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It is stabilizing for the moment in a compression zone which looks like a pennant see symmetrical triangle, we can notice a recovery leg and today a strong refusal but the market is pushing hard.
MATIC / USDT is on a recent trendline if it breaks out then there will be a strong signal that the market is going down to test its last previous uptrendline.
The second signal will confirm a new momentum or a collapse in the price or even a lack of interest for the moment of this crypto market.
These are not investment advice but good session recommendations.
Be careful the market can change at any time.
Comment your reaction to this idea in the description space!
Thank you for taking the time to read my review.
Please like and follow, thank you.