Long
MATICUSD PUMP
This is my current outlook on Matic. Matic is currently in what looks to be a bull flag (which is bullish) with a target of 1.35 or 75% from the time of writing. From Matic's last pump we can see that the 2 ema's touched then with the bulls pumping price above and beyond. It appears we are in a similar situation in which the top end of the bull flag has been broken, and with the 2 ema's coming close and then resulting in a minor pump. I would also like to point out the Market Liberator indicator down the bottom, as you can see I have pointed out the green dots as it has predicted pumps quite accurately so far. As you can see it has printed another green dot recently which confirms a possible bullish outbreak.
Note
Damn, looks like MATIC bulls are out!! MATIC has followed my price target and beyond, breaking it on its way to the moon! However, be cautious as we might see some consolidation after such a big pump.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.