SasanSeifi

SasanSeifi 💁‍♂ A Price Analysis of the 4-Hour Timeframe

Long
SasanSeifi Updated   
BINANCE:MATICUSDT   MATIC Network / TetherUS
As you can see in the 4-hour timeframe, the price has been in an uptrend from the demand zone at 0.73. It broke through the HIGH at 0.79 and grew by approximately 14% to the price range of 0.83. After the growth, the trend is currently range-bound in the price range of 0.80. In the 4-hour timeframe, it is very important to maintain the support levels of 0.80/0.79 cents for the continuation of the bullish trend of the symbol.

The expectation that we can consider in the 4-hour timeframe is that, if the support levels are maintained, we will see the price grow to the liquidity range of 0.87. Then, after a partial correction and pullback, it will again be accompanied by further growth up to the supply area and the bearish order block of the price ranges of 0.90 cents and 1 dollar. The possible trend is also shown in the above image. In the event of positive fluctuations, it will be important to see how the price reacts to the liquidity range of 0.87 cents to better understand the continuation of the movement.

🔵Remember, always conduct your analysis and consider other factors before
making any trading decisions. Good luck!"✌️

❎ (DYOR)...⚠️⚜️

Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
Comment:
🥳Well, as expected, the price has grown by 9% so far.💸🔥🍻
Comment:
TOTAL RESULT SO FAR 15%🍻🔥✅

Follow Your Own Trading Plan!

😍 Join our free Telegram Channel for more analysis

🔱Telegram👉 t.me/Forex_Crypto_Signal_Free_VIP
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.