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🔥 MATIC Bullish Triangle After Capitulation

Last week we experienced a massive capitulation of both BTC and alts. Generally, after such a capitulation the market will rebound and trade sideways.
In my view, this is what we're going to see this week.

As for MATIC, we're currently seeing a bullish triangle emerge on the chart. If we see further bullish price action today, it's likely we're going to break it on the bullish side.

For the near term, $0.80 is my target. If the bullish market keeps strong for the next couple of days, $0.95 should be a realistic target in the longer-term.
Not
Price didn't break out on the top side, trade invalidated

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.