Right here is an inverted head and shoulder pattern.
This pattern is an idea of what MATIC price layout is currently doing. There's a neckline at $1.73 serves as a major resistance for price to break to confirm a good buy to $1.92.
As price is unable to break this neckline, I expect price to fall to $1.48 to form the right shoulder before rising back to the neckline at $1.73.
If price is so fortunate to break this neckline, then we are certain of a good buy to $1.92.
What do you think?
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This pattern is an idea of what MATIC price layout is currently doing. There's a neckline at $1.73 serves as a major resistance for price to break to confirm a good buy to $1.92.
As price is unable to break this neckline, I expect price to fall to $1.48 to form the right shoulder before rising back to the neckline at $1.73.
If price is so fortunate to break this neckline, then we are certain of a good buy to $1.92.
What do you think?
Share your opinion in the comment sectionâïž
Please support this idea with a LIKEđ if you find it usefulđ„ł
Follow me to receive more updates on this pairđ€
Comment any coin you need my analysis or forecast onđđ
Happy Tradingđ°đ„łđ€
Thank you for your support!đ
Handel aktiv:
Moved as expected. Short to $1.48 smashedđ€Ș... it's time to go long to $1.92.