Hard to say that MATIC will go up more...

25 May 2019

Hello, MATIC holders should be aware, it's hard to say that MATIC will go up more... now price in symmetrical triangle, I know it could break to upside, but who benefits?!
Most of investors now in huge profits, and they will fix their profits ASAP if price will break this triangle down. So there is 10% probability price will push up from here and hit 450 level.

Other probabilities on downward breakout side:
Stoch RSI showing rising wedge (bearish pattern) and next support is 250, from it we can rebound to 310-320 levels, should be good profits. Other levels located below and have some good reasons for price rebound. So keep watching this and count your risks before any trade.

Thanks, BR
Artem

26 May 2019

Not

price managed to stay above 327, which could be a good signal, and price break triangle to upside, still could be a fakeout, so be careful