FieryTrading

🔥 MATIC Bull-Flag Forming: Bullish Outlook

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
MATIC has been seen some consolidation after a strong move last week. During this period of consolidation, I'm seeing a bull-flag forming on the chart.

Assuming that BTC and stocks will remain relatively neutral/bullish, I'm expecting MATIC to keep bouncing from the lower support of the pattern. Risk-averse traders might want to wait for a bullish break out of the pattern.

Happy trading!

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