BARSTrading

Matic ascending triangle - neutral phase

BARSTrading Updated   
BINANCE:MATICUSDT   MATIC Network / TetherUS
Matic chart patterns are exhibiting ascending triangle like behavior. This is a neutral ground, and we don't know whether it will go up or down.
In either situation, some local tops and bottoms have been highlighted to show where one would expect selling or buying to occur.
Our report on bottom is for MATIC since January 1 of 2021. The indicators are still in a long phase, however as it can be delayed a short would have occurred a while back.
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Comment:
Fake break downwards, price is still going to respect the wedge/triangle, because the volume is too low
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