MATIC starts to run
Updated
MATIC formed a look-alike Bump-And-Run-Reversal Bottom. A Lead-in phase of almost 1 month with low volume, then followed by two bump phases with high volume.
MATIC has just broken out the trendline and is ready to get the first targets (depicted in chart).
MATIC has just broken out the trendline and is ready to get the first targets (depicted in chart).
Comment
After being rejected by the trendline when BTC dropped, now MATIC is on a 4H support and seems to bounce.Comment
MATIC is recovering (along with BTC), in low time frame (4H).Comment
TP1 $0.66 done! On the way to TP2.
Trade closed: target reached
TP2 $0.715 done with 20% profit
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