Long
MATIC broke out rising wedge

#MATIC/USDT
#update
MMATIC hold the lower line of wedge as support and pumped to broke out from upper line of wedge, and now faced a resistance zone.
🐮 possibly price will have a pullback to support zone around $0.6 and then will continue its rally to resistance zone between $0.8 and $0.9
🐻 break down from support zone will invalid bullish scenario and price can drop to descending trend line.
#update
MMATIC hold the lower line of wedge as support and pumped to broke out from upper line of wedge, and now faced a resistance zone.
🐮 possibly price will have a pullback to support zone around $0.6 and then will continue its rally to resistance zone between $0.8 and $0.9
🐻 break down from support zone will invalid bullish scenario and price can drop to descending trend line.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.