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🔥 MATIC Double Pattern Break Out

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Around a week ago I made an analysis on MATIC. Here I argued that MATIC was breaking out of a huge triangle pattern.

🔥 MATIC Breakout: Moment Of Truth


The price was trading around this break out area for a week or so, forming a bullish triangle in the process.

The prior 1H green candle launched the price out of both of the aforementioned patterns, making this a double pattern break out.

Target is the same as the prior analysis: $1.75.

Happy trading!

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.