Long

MATIC Bullish Up Move is Promising, Wait for Confirmation buy

Updated

Hi everyone:

Also eyeing MATIC's bullish price action for another long opportunity.

We can see from my previous outlook, price indeed reverse from the falling wedge structure, and bullish impulse up.

Price is hovering around the previous highs, but in a consolidation, which is a good indication for another move after the correction completes.

As always be patient here as price can potentially create a longer/deeper correction, so wait for confirmation correction completes before adding into the buys.

Thank you
Comment
The consolidation did not push
the price up, no entry, no trade.
snapshot
Chart PatternscorrectioncryptoFlagimpulseParallel ChannelpatternpriceactionstructureWedge

Also on:

Related publications

Disclaimer