🔥 MATIC Strong Price Action: Path To $2

A couple of days ago I made an analysis on MATIC. In this analysis I argued that MATIC was experiencing a double break out and that bullish price action was soon to arrive.


In the end, that analysis came a day too early. The price reversed towards the bottom support of the triangle one last time before lift-off.

MATIC has successfully broken out of the $1.75 resistance area, paving the way towards $2, which is also the first target. In case of parabolic price action in the coming days, a $2.3 valuation is possible.

Happy trading!