Long
MATIC Bullish Reversal Price Action
Hi everyone:
Also watching out for MATIC for the bullish reversals
We can see after the crypto crashed, the price has formed a falling wedge correction, and correctively moved down.
The smaller descending channel within the wedge, ended up reversing the price up, breaking above the falling wedge. Good sign of a bullish reversal price action in the making.
Now that price has confirmed break out of the reversal correction, be on the look out for the bullish continuation on the LTF for possible entries, which will formed an inverse Head and Shoulder as well.
Thank you
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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.