🔥 MATIC Rising Wedge: Time For Bearish Break?

MATIC has been trading inside this rising wedge for nearly a year now. Rising wedge are classically bearish, so the assumption is that we break out bearish in the future.
However, we can very well bounce from the current resistance. In case we get a decent reversal candle, I look at the top resistance as my initial target. In case we fall through the support and close below it, see blue lines as bearish targets.
However, we can very well bounce from the current resistance. In case we get a decent reversal candle, I look at the top resistance as my initial target. In case we fall through the support and close below it, see blue lines as bearish targets.
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🎯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
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.