MATIC has formed yet another double bottom

MATIC is performing quite well despite the current market conditions. Looks like MATIC on the 1 hour view is testing the neckline of the double bottom. This is yet another double bottom MATIC has made.

I would anticipate another run up like we saw with the last double bottom.

Comment:

looks like MATIC might be forming a diamond double bottom instead, which is still bullish.

My new idea is under related ideas.