Matic analysis

13 באוג׳ 2021

After breakout of cup and handle pattern Matic got a bullish momentum but can't be able to cross the resistance and zone of 1.4 as seen on the chart double top is going to be formed after which matic will test its previous support somewhere in 1.3 zone and make a double bottom after which it will test again the zone of 1.4 and may break the resistance of 1.4 depending on the momentum and volatility if not then again double top and double bottom will be formed.