MATIC/USDT : Inverse Cup and Handle Points to Bearishness
💎 Paradisers, zoom in on MATIC/USDT at the daily chart. It's sketching an inverse cup and handle pattern, hinting at potential bearish undertones. If MATIC/USDT dip below the 0.4851 demand mark, we're expecting targets till the demand levels of 0.3470 and 0.2269.
💎 However, a surge past the handle's peak at 0.9342 would invalidate this bearish pattern. The cup's peak indicates a lower high (LH), while the handle's pinnacle suggests a lower low (LL), signaling that the bears are flexing their muscles. Navigate wisely and stay ahead of the curve, ParadiseSquad!
💎 However, a surge past the handle's peak at 0.9342 would invalidate this bearish pattern. The cup's peak indicates a lower high (LH), while the handle's pinnacle suggests a lower low (LL), signaling that the bears are flexing their muscles. Navigate wisely and stay ahead of the curve, ParadiseSquad!
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