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MATIC inside rising wedge

220
#MATIC/USDT
MMATIC rejected from upper line of rising wedge pattern and heading down toward lower line that will be around $0.51.

🐻 break down from lower line of this wedge will drop price more to support zone around $0.35.

🐮 but holding the lower line that is the same with descending trend line and break out from upper line will increase price to higher trend line and resistance zone around $0.85.
Dagangan ditutup: sasaran tercapai
#MATIC/USDT
#update

MMATIC hold the lower line of wedge as support and pumped to broke out from upper line of wedge, and now faced a resistance zone.

🐮 possibly price will have a pullback to support zone around $0.6 and then will continue its rally to resistance zone between $0.8 and $0.9

🐻 break down from support zone will invalid bullish scenario and price can drop to descending trend line.

MATIC broke out rising wedge

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