🔥 MATIC Double Pattern Break Out

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!