Short
MATICUSDT - Potential sell entry 🔽
MATICUSDT is printing a major descending triangle pattern.
Price is testing the descending triangle's inclined resistance.
Price action is printing a minor descending triangle.
Sell entry ⬇️ - breakdown below the minor descending triangle horizontal support.
Target 🎯- fibonacci extension levels / major descending triangle horizontal support.
Setup invalidation ❌ - breakout above the minor descending triangle inclined resistance.
Price is testing the descending triangle's inclined resistance.
Price action is printing a minor descending triangle.
Sell entry ⬇️ - breakdown below the minor descending triangle horizontal support.
Target 🎯- fibonacci extension levels / major descending triangle horizontal support.
Setup invalidation ❌ - breakout above the minor descending triangle inclined resistance.
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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.