With BTC showing some strong gains yesterday, it's time for alts to go up as well. MATIC (and many others) has been trading inside this triangle for a couple of days now, waiting to break out.
As it appears now, a bullish break out has occurred, which could be the much awaited catalyst for a strong recovery for MATIC.
Wait a couple of green bars for the trend to be confirmed before entering a trade. Always keep a close eye on BTC when trading alts.
Happy trading!
Comment
BTC shaping up to be bearish in the near term. Trade inactive for the time being.
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