MATIC: Ascending Channel | Another Bullish Pattern

Matic is trading inside a daily ascending channel since 20-July-2021.
During this period of time, the price has formed some daily "Wedge Pattern" as correction patterns.
Not it is the third time that the price completed another "Wedge Pattern" but it is smaller in time and can be seen better on the 4-hour chart.
Also when Bitcoin was dragging everything down MATIC showed to be one of the best cryptocurrencies and with a lot of market interest as long as it recovered all the losses and we saw also a new high on the price movementn.

Targets:
2.25 or +13.70%
2.6 or +31.20%

Thank and and Good Luck!

Comentário:

Matic : First target should be reached soon. The top was formed at 2.226, a small difference from our first target at 2.25

Trade fechado: objetivo atingido:

Both targets reached
Minimum profit from +30% to +35%