MATIC - MASSIVE BULLISH FALLING WEDGE WITH TARGETS
MATIC has shown us the strength even against the Bitcoin in the last crash.
In April, when whole market was crashing, MATIC (POLYGON) has been making ATH.
However, when the sell-off started after a massive run-up, MATIC took the correction and since then the price has been consolidating under a bullish falling wedge. MATIC has been in this falling wedge since the last 6-7 months.
Another amazing thing to watch is that MATIC is creating bullish falling wedges inside the massive bullish falling wedge and these patterns are breaking-out indicating that this massive pattern will also break-out.
For MATIC, if you want to long/buy spot you can do it on a breakout of the marked trendline or a retest of that trendline because MATIC will go parabolic once the trendline is broken.
For MATIC, my short-term targets are $1.6 - $2 but my longterm targets gonna be $3 - $4.
MATIC's Current Price: $1.334
Keep Learning & Earning!
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In April, when whole market was crashing, MATIC (POLYGON) has been making ATH.
However, when the sell-off started after a massive run-up, MATIC took the correction and since then the price has been consolidating under a bullish falling wedge. MATIC has been in this falling wedge since the last 6-7 months.
Another amazing thing to watch is that MATIC is creating bullish falling wedges inside the massive bullish falling wedge and these patterns are breaking-out indicating that this massive pattern will also break-out.
For MATIC, if you want to long/buy spot you can do it on a breakout of the marked trendline or a retest of that trendline because MATIC will go parabolic once the trendline is broken.
For MATIC, my short-term targets are $1.6 - $2 but my longterm targets gonna be $3 - $4.
MATIC's Current Price: $1.334
Keep Learning & Earning!
If you liked this idea make sure to give a like and a follow :-) .