We are Bullish again on MATIC Network, MATIC, since late June, 2022, and the news of a partnership with Disney. The Horizontal Resistance Line at ($0.660) is trying to become Support. We are still well below the 200-Day Moving Average and the Daily Downtrend Line has also been broken. We are down over 87% since the All Time High in December of 2021. The Daily Downtrend Line has a triangle formation at the ($0.241) Support Area in late 2022 but maybe the Disney news is what MATIC needed for a push back to ($1.00). Not Financial Advice...Trade with Confidence and Control.
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Notice how we got the signals over two weeks ago, well before the Disney news that broke today July 14, 2022...