The recent pump in MATIC up to new levels required a healthy pullback. Now we are preparing for the deciding moment on whether we go above $1 or consolidate a bit lower. We completed WAVE 4, and are now on track to complete WAVE 5. so a solid break and hold above 0.83 confirms to me that we go higher sooner than later. DYOR on the benefits of the MATIC network and why it should be a contender for one of your positions during this alt-coin season.
Note
Breakout needed a bit more consolidation. We have successfully retested our breakout zone as support, and now we look to head higher.
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.