Matic Network vs USD

Don't know what this project is about but it is certainly attracting a lot of volume as the bear market comes to an end. A few indicators are suggesting the days / weeks ahead will be generous. We have a very impressive ascending symmetrical triangle with higher lows on the Stochastic RSI. The RSI has broken the resistance trend line and is now acting as support.

Finally we have the Stochastic RSI crossing up on the weekly chart, very powerful signal.

Trade closed: target reached:

Kaboom - 160% gain in a little over two months!

For the time being we are very overbought and there's some evidence of lower highs on the daily RSI chart. An excellent time to take profits.

Comment:

Opps - that was the BTC chart above, here is the USD chart. Same story really.

Trade active:

Ready for the next wave upward and onward?

Trade closed: target reached:

Almost 4000% - am out. Hope you are too!

Below is the 10-day chart, considerably overbought. Sure it could go higher but the risk you're taking is unacceptable. Better to rotate into something that is now offering less risk with upside potential, that's the game.