MATIC seems to have held up really well in the past month or so despite the crypto shakiness. The price has broken through a major resistance. I'm currently watching for an entry around 0.48-0.47.
1st target: 0.60
2nd target: 0.79
Moon target: $1👩🚀
Mars target: $3🚀
Neptune target: $10👽
🙏hit the LIKE 👍 if you agree ❤
*not trading advice
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Slowly creeping up on the previous ATH. Will post an update once we arrive.
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Uh oh...we might complete this pattern if we break below 0.67.
If you're in, hang tight lol If you're not 🤷♂️. Personally planning on picking up a few more around 1.618 😉
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Price failed to reach the neckline (letter B) the pattern is invalid. Instead it created a wedge and currently broke through it. Short-term target is set to 0.98. Good luck!
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Crucial moment here...
Something to consider: BTC (the crypto leader) seems to be looking pretty bearish. Trade vigilantly.
@Visionary Been pretty spot on. Do you have a view on a Bull flag forming here, for a possible continuation upward, or are you still thinking a significant pullback will occur to retest the .6 level?
Visionary
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@BullRun528, Thank you. My main concern is what's happening overall with BTC since it does seem to lead most of these alt coins. If BTC does not clear the 59k level...it would have created a head & shoulder pattern that could potentially find support in the 46k-47k level or lower.
Personally, I'm waiting for more confirmation based on the price action of BTC. If the H&S is valid then you can expect this to find support around the 60 cent levels. If BTC invalidates the H&S, the bull flag you mentioned could end up finding resistance around 1.10ish levels. Good luck!
joebeee11
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You nailed it man. .79 cents today! Think a dip is coming? Or 1$ or more?
Visionary
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@joebeee11, Thank you friend. I think we might see some consolidation around the 2.618 level, then we'll have to revisit and see where we're headed. But who knows man if volume is strong enough we might as well see $1 in no time.