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MATICUSDT Local Range| Range High| Range Low| Trend

Evening Traders,
Today’s analysis – MATIC – trading at range high resistance where a break will be bullish,
Points to consider,
- Price Action Trending
- Swing High Objective
- Range High Resistance
- Declining Volume
MATICUSDT’s immediate price action is trading under a key resistance – range high- that needs to be broken with an impulse.
The swing high is the current objective, exceeding this level will increase the probability of a trend continuation.
The current volume is on a decline, this is indicative of an influx when testing key trade locations.
Overall, in my opinion, MATICUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
It does not matter how slowly you go as long as you do not stop.”Confucius
Today’s analysis – MATIC – trading at range high resistance where a break will be bullish,
Points to consider,
- Price Action Trending
- Swing High Objective
- Range High Resistance
- Declining Volume
MATICUSDT’s immediate price action is trading under a key resistance – range high- that needs to be broken with an impulse.
The swing high is the current objective, exceeding this level will increase the probability of a trend continuation.
The current volume is on a decline, this is indicative of an influx when testing key trade locations.
Overall, in my opinion, MATICUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
It does not matter how slowly you go as long as you do not stop.”Confucius
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.