FieryTrading

🔥 MATIC On A Roll: Successfull Bullish Triangle Break Out

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
A while ago I made an analysis on MATIC and the bullish triangle it was trading in. After a re-test of the triangle's support MATIC regained its strength and continued to outperform the market.


With the first target area of 0.74 reached, it's a matter of time before we make a move towards $0.8

However, be aware that we're currently in overbought territory, so a minor pull back is to be expected. Trade is invalidated if we close below 0.6

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