MATIC: possible bullish continuation on shorter time frames

16 ביוני 2021

MATIC broke out of its large descending wedge that was formed during the market-wide downswing and has formed a nice little falling wedge. If it can hold that support level and show a bullish continuation, it's a decent setup for a long. I'd be targeting just south of the 1.618 fib as an exit point.