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!
ðŊOfficial Channel: t.me/FieryTradingChannel
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: www.fierytrading.com
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: www.fierytrading.com