FieryTrading

🔥 MATIC Bullish Triangle Break Out?

Panjang
BINANCE:MATICUSDT   MATIC Network / TetherUS
Over the course of several days now, MATIC has formed a bullish triangle. At this moment, the top resistance of the triangle appears to hold.

With BTC being as oversold as it can get, the path of least resistance is currently bullish, which would naturally be great news for MATIC. Nevertheless, there's a possibility for a (temporary?) double top formation which would send MATIC's price back towards the triangles support.

If things remain as they are, there's a good chance for this triangle to break bullish in the near term.

The target area in blue has been placed at recent points of high volume.

🎯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: www.fierytrading.com
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.