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LA_Designer

MATIC: Falling Wedge... Then Pump Time

Long
Polygon (COINBASE:MATICUSD)  
LA_Designer Updated   
COINBASE:MATICUSD   Polygon
Trend Analysis maticusd
19
6
trendanalysis maticusd
MATIC double topped at around $2.20, causing a retrace of about 20% from the top. It is currently in a falling wedge and needs to break the top trend line for a bullish reversal. Watch these two support zones for an entry opportunity.

This is not financial advice. These are just my ideas and opinions.
Comment:
BTC is correcting. MATIC is testing SUPPORT #1 now.
Comment:
SUPPORT #1 failed. Watch zone #2
Comment:
MATIC has held at SUPPORT ZONE #2, which is right around the .618 fib level.

snapshot
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