Long

MATIC Bullish Reversal Price Action

Updated

Hi everyone:

Also watching out for MATIC for the bullish reversals

We can see after the crypto crashed, the price has formed a falling wedge correction, and correctively moved down.

The smaller descending channel within the wedge, ended up reversing the price up, breaking above the falling wedge. Good sign of a bullish reversal price action in the making.

Now that price has confirmed break out of the reversal correction, be on the look out for the bullish continuation on the LTF for possible entries, which will formed an inverse Head and Shoulder as well.

Thank you

Note

Note

jojofang0901

Also on:

Related publications

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.