Long
🔥 MATIC Bullish Triangle After Capitulation
Mis à jour
Last week we experienced a massive capitulation of both BTC and alts. Generally, after such a capitulation the market will rebound and trade sideways.
In my view, this is what we're going to see this week.
As for MATIC, we're currently seeing a bullish triangle emerge on the chart. If we see further bullish price action today, it's likely we're going to break it on the bullish side.
For the near term, $0.80 is my target. If the bullish market keeps strong for the next couple of days, $0.95 should be a realistic target in the longer-term.
In my view, this is what we're going to see this week.
As for MATIC, we're currently seeing a bullish triangle emerge on the chart. If we see further bullish price action today, it's likely we're going to break it on the bullish side.
For the near term, $0.80 is my target. If the bullish market keeps strong for the next couple of days, $0.95 should be a realistic target in the longer-term.
Note
Price didn't break out on the top side, trade invalidated
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.