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No, a geostationary orbit must be in the plane of the Earth's equator. That way, by matching its orbital speed with the speed of a point on the equator, the moving satellite appears to be stationary over that point. Any other orbit would have the satellite appear to drift above and below the equator during the course of a day.
'A theory with mathematical beauty is more likely to be correct than an ugly one that fits some experimental data. God is a mathematician of a very high order, and He used very advanced mathematics in constructing the universe.'