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MATIC broke out rising wedge

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MATIC Network / TetherUS PERPETUAL CONTRACT (BINANCE:MATICUSDT.P)  
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BINANCE:MATICUSDT.P   MATIC Network / TetherUS PERPETUAL CONTRACT
Wedge Trend Lines Support and Resistance matic maticnetwork MATICUSDT Trend Line Break Rising Wedge supportandresistancezones futures futurestrading
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wedgepattern trendline supportandresistance matic maticnetwork maticusdt trendlinebreak risingwedge supportandresistancezones futures futurestrading
#MATIC/USDT
#update

$MATIC hold the lower line of wedge as support and pumped to broke out from upper line of wedge, and now faced a resistance zone.

🐮 possibly price will have a pullback to support zone around $0.6 and then will continue its rally to resistance zone between $0.8 and $0.9

🐻 break down from support zone will invalid bullish scenario and price can drop to descending trend line.

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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.