Around a week ago I made an analysis on MATIC. Here I argued that MATIC was breaking out of a huge triangle pattern.
The price was trading around this break out area for a week or so, forming a bullish triangle in the process.
The prior 1H green candle launched the price out of both of the aforementioned patterns, making this a double pattern break out.
Target is the same as the prior analysis: $1.75.
Happy trading!
The price was trading around this break out area for a week or so, forming a bullish triangle in the process.
The prior 1H green candle launched the price out of both of the aforementioned patterns, making this a double pattern break out.
Target is the same as the prior analysis: $1.75.
Happy trading!
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