This is a quick update analysis about some of altcoins which have a good potential to grow and produce a possible huge profit in the near future. Let's do the technical analysis.
History is repeating itself is the most suitable quotes on MATIC here. we can see a similar pattern with previous structure in this huge up trend channel. we see a failure descending triangle which it broke to the upside. And in this current move, there is a possibility of it to repeating this previous pattern. A series of higher high and higher low can be a good reason for me to enter this trade.
If the price breaks out of the upper line of the triangle, I will enter the position and targeting the upper line of the huge up trend channel. 2 potential target that have the alignment with the previous price action is at around 230 and 270.