ðĨ MATIC Strong Price Action: Path To $2
A couple of days ago I made an analysis on MATIC. In this analysis I argued that MATIC was experiencing a double break out and that bullish price action was soon to arrive.
In the end, that analysis came a day too early. The price reversed towards the bottom support of the triangle one last time before lift-off.
MATIC has successfully broken out of the $1.75 resistance area, paving the way towards $2, which is also the first target. In case of parabolic price action in the coming days, a $2.3 valuation is possible.
Happy trading!
In the end, that analysis came a day too early. The price reversed towards the bottom support of the triangle one last time before lift-off.
MATIC has successfully broken out of the $1.75 resistance area, paving the way towards $2, which is also the first target. In case of parabolic price action in the coming days, a $2.3 valuation is possible.
Happy trading!
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