MATICUSD This Double Bottom can finally break the Wedge

3 באוק׳ 2023

Polygon / MATICUSD is rallying off a Double Bottom but still remains inside a giant Falling Wedge pattern.

Double Bottoms are generally how big rallies start and this may be no different. Especially since the 1day RSI is on a Bullish Divergence.

This can break the Falling Wedge to the upside. Buy only after the break out and target the Fibonacci 2.0 level at 0.81000.

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