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MATIC breakout

954
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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.