Inverse H&S MATIC
Updated
Matic is on a role and even with today's Bitcoin drop it's held strong its $2.10 - $2.30 range and seems to be looking for another breakout.
It needs momentum and I see an inverted head and shoulder pattern forming on the 15 minute.
This could give it the bump it needs to make it to the next fib level marked on the chart.
Note that it is also bouncing nicely off the golden pocket between the .618 and .65 while the 20 and 50 EMA are preparing for another parabolic rise!
My target is $2.6.
Not financial advice.
It needs momentum and I see an inverted head and shoulder pattern forming on the 15 minute.
This could give it the bump it needs to make it to the next fib level marked on the chart.
Note that it is also bouncing nicely off the golden pocket between the .618 and .65 while the 20 and 50 EMA are preparing for another parabolic rise!
My target is $2.6.
Not financial advice.
Trade closed manually
Invalidated.
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