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MATIC - breakout targets

MATIC is about to breakout and challenge resistance levels... here are the ones I see:



2.72 - Previous ATH/ price discovery
2.85 - Uptrend
3.61 - Uptrend
4.35 - 1.618 Fib from genesis to 1.0 @ previous ATH

MATIC is a beautiful beast benefitting both from L2 on ETH and in its own right as a competing layer 1 (SOL, AVAX, etc.)

2022 should be a stellar year for MATIC, Many are calling for $10 and that looks completely in the cards as a BoT.
I'd look to sell chunks at $4.35, $7.00, and $9+.

If you see a return to touch the orange bull market support line at ~$2 ... that has been a great opportunity to buy.
Chart PatternsTrend Analysis

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