MATIC has been moving in bull channel.
Now it arrives at bottom of bull channel.
General trend is bullish so as long as we are in bull channel higher prices expected.
Otherwise look at the last bear leg.
Bears was strong enough to push price below 20 EMA, so may have 2nd leg down.
60% chance of bull resumption and 40% 2nd bear leg.
Targets are marked up for both bulls and bears.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...
Now it arrives at bottom of bull channel.
General trend is bullish so as long as we are in bull channel higher prices expected.
Otherwise look at the last bear leg.
Bears was strong enough to push price below 20 EMA, so may have 2nd leg down.
60% chance of bull resumption and 40% 2nd bear leg.
Targets are marked up for both bulls and bears.
**This is not an investment advice. Your capital might be at risk.**
Give me your idea on comments...
Good Luck...