MATIC double topped at around $2.20, causing a retrace of about 20% from the top. It is currently in a falling wedge and needs to break the top trend line for a bullish reversal. Watch these two support zones for an entry opportunity.
This is not financial advice. These are just my ideas and opinions.
This is not financial advice. These are just my ideas and opinions.
Note
BTC is correcting. MATIC is testing SUPPORT #1 now.Note
SUPPORT #1 failed. Watch zone #2Note
MATIC has held at SUPPORT ZONE #2, which is right around the .618 fib level.
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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.