Avanstee

MATIC ready for the next move

Long
BINANCE:MATICEUR   MATIC Network / Euro
Looking at the 4 hr timeframe for MATIC, we can see a nice cup and handle forming. Price is in the upper haf of the bollinger bands with RSI hovering the 50% mark.
I am looking for the price to find support on the middle of the bollinger band which coincides with the intraday resistance of Eur 1,70 (USD 1.95).

If so, I expect that price will move up to around Eur 1,95 (USD 2.3).

My target for this bull run is Eur 3 (USD 3.5).

MATIC is moving slowly but steadily. Long term prospects look good.

Do your own research, keep looking for confirmations.

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