Panjang
MATIC breakout
MATIC may have broken out already. It appears to have broken above the descending trending line, retested and now moving upwards.
If it can get above $1.8 then it will likely retest it's ATH. A measured move out of this descending channel would take us near $5.60 which also happens to be the 1.618 of the fib extension.
A bolder target assuming a move from the bottom of this larger triangle would have targets of $14.4 a nearly 850% gain.
Either way MATIC looks quite promising at the moment.
If it can get above $1.8 then it will likely retest it's ATH. A measured move out of this descending channel would take us near $5.60 which also happens to be the 1.618 of the fib extension.
A bolder target assuming a move from the bottom of this larger triangle would have targets of $14.4 a nearly 850% gain.
Either way MATIC looks quite promising at the moment.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.