Long

MATIC HEAD AND SHOULDERS PATTERN MACRO OUTLOOK TARGET 1.50-1.70

By xReve
Exposing the Elliot Wave count and Head and Shoulders Pattern in MATIC/USDT chart.
We can clearly see a resistance level recently broken and bactested. These are strengh signs and should push MATIC towards the 1.50-1.70 area level quite fast in the upcoming weeks.
Projection:
Between January up to early mid February to reach the target.
Long Position open at 0,9660. Riding the wave up to 1.50.
SWING TRADE or low leverage position.
Chart PatternsCryptocurrencyelliottwaveprojectionhead_and_shoulderTechnical IndicatorslongtradematicmaticlongsetupMATICUSDTWave Analysis
xReve

Disclaimer