Long
MATIC - One of my favorites this December. What's next? 😎
Hey everyone,
It is clear that Polygon Matic has outperformed the market during the bearish November and December. What's next?
We can expect targets from the Fibonacci retracements. My goal is the 1.618 level making the asset class reach 4$! However, if Matic doesn't manage to break the ascending triangle, we expect retest of a support. Ideally, we want the 0.786 level to hold which is the point where we are currently at 2.5$.
Trade safely,
Aloo2k
It is clear that Polygon Matic has outperformed the market during the bearish November and December. What's next?
We can expect targets from the Fibonacci retracements. My goal is the 1.618 level making the asset class reach 4$! However, if Matic doesn't manage to break the ascending triangle, we expect retest of a support. Ideally, we want the 0.786 level to hold which is the point where we are currently at 2.5$.
Trade safely,
Aloo2k
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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.