Long
🔥 MATIC Breakout: Moment Of Truth
Recently I've made a couple of analyses on MATIC's massive triangle. See below.
As it stands now, we're currently on the verge of confirming a break out of the pattern. Chances are that the price is currently re-testing the top resistance in order to confirm the bullish break out. In that case, I'm looking at a $1.75 target in the near future, potentially $2.
In case of a bearish move of BTC, expect MATIC to fall down towards the lower bound of the triangle.
Happy trading!
As it stands now, we're currently on the verge of confirming a break out of the pattern. Chances are that the price is currently re-testing the top resistance in order to confirm the bullish break out. In that case, I'm looking at a $1.75 target in the near future, potentially $2.
In case of a bearish move of BTC, expect MATIC to fall down towards the lower bound of the triangle.
Happy trading!
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🔥Premium Signals: fierytrading.com
Related publications
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.