Atualizado
Polygon (MATIC): Reversal or more downside?
MATIC is forming a descending triangle—most likely a bearish continuation.
Wait for the breakout to be confirmed either above the upper line (reversal—long) or below the support line (breakdown—short) before entering this trade.
Any thoughts, please share with us!
-If you agree with this, like and share.
Cheers.
Wait for the breakout to be confirmed either above the upper line (reversal—long) or below the support line (breakdown—short) before entering this trade.
Any thoughts, please share with us!
-If you agree with this, like and share.
Cheers.
Nota
Instead of a descending triangle, MATIC is forming a bearish pennant.Nota
Matic just broke out of the "descending" triangle. Price has broken the prior highs at $1.112. Wait for the pullback to see if price will be resisted or supported before taking a reversal trade. Reversal could take us back to $1.35, so absolutely worth keeping an eye on!Trade ativo
Trade fechado: objetivo atingido
Target of $1.35 has been reached.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.