InvestMate|MATIC Time for Growth💲

💲MATIC Time for Growth

💲Matic has been looking very pro growth in recent weeks.

💲You can see that the fundamentals are working and pushing this cryptocurrency upwards

💲Over the 21 November low we have been making a sequence of increasingly higher lows which is very indicative of a developing uptrend

💲We can see that we are above the 50 and 200 moving averages.

💲The nearest support zone is the zone defined by the cluster of two fibo levels.

💲The first is the 0.236 level of the entire upward wave from the June bottom to the November peak. The second is the 0.886 level of the entire upward wave from the July 2021 bottom to ath.

💲The most significant line of resistance will be the zone defined by the cluster of as many as three levels.

💲The first is the 0.382 level of the entire upward wave from the bottom of September this year to the peak of November. The second is the level of the October peak and the third last is the level of 0.618 of the entire upward wave from the covid bottom to the May 2021 peak.

💲The scenario I am playing out is to wait for a strong breakout and join the uptrend to reach the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀