🔥 MATIC On A Roll: Time For A Minor Correction

20 ביולי 2022

Recently I made an analysis on MATIC and the fact that it broke out of the bullish triangle. Since the break out, MATIC has seen a massive +60% move. Congratulations if you took the trade.

With both my targets reached and the RSI severely overbought, I think it's time for MATIC to see some minor consolidation.

I'm looking to scale back in when MATIC has reached the support area marked on the chart. Targets placed at previous tops/bottoms in blue.