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#MATICUSDT 4h chart

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Price has been going up lately and EMA ribbon was a nice support area as price kept bouncing up from it. However, we have a solid resistance level at $1.1731 that price is failing to break. We have a bearish divergence on RSI and MACD lines crossed and became bearish. When price breaks that reistance level we would see nice upward moves in price.

saviour25
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
saviour25
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.