🔥 MATIC Bullish Channel Trade
Just like many other cryptos, MATIC is currently facing a strong bearish move after hitting the $2.15 area late October.
Over the course of several months now, MATIC has formed a nice bullish channel chart pattern. Assuming that BTC will not see a strong dump, I'd wager that MATIC will see a bullish reversal from the bottom of the channel.
So, in case we see more bearish price action in the near future, expect a high probability of reversal from the channel's support.
First target placed at $2.15, second at $2.45.
Happy trading!
Over the course of several months now, MATIC has formed a nice bullish channel chart pattern. Assuming that BTC will not see a strong dump, I'd wager that MATIC will see a bullish reversal from the bottom of the channel.
So, in case we see more bearish price action in the near future, expect a high probability of reversal from the channel's support.
First target placed at $2.15, second at $2.45.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.