Get started
goldlot70

$MATIC Rising Wedge to Return to Major Support at $0.80 or less

Short
MATIC Network / TetherUS (BINANCE:MATICUSDT)  
goldlot70  
BINANCE:MATICUSDT   MATIC Network / TetherUS
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
MATIC Rising Wedge to Return to Major Support at $0.80 or less
Matic is reversing to test prior support at $0.58-$0.80. See the rising wedge pattern in a bearish reversal pattern.

Is a Rising Wedge Bullish or Bearish?
A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line.

DYOR.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.