MATIC is my favorite asset in cryptocurrency . Just filled a few pockets before ..
So we have a bearish shark pattern in 2D timeframe , first target was about 2$ and the second one is 1.5$ which requires bearish movement for the whole market , as far as Jerome Powell has speech today it may happen in the worst situation , so be careful for MATIC and also other markets .
In 8H timeframe we have a bullish pattern that can push up the price to about 2.4$ in an optimistic state.
In any case if the bullish trend line (white line in 8H timeframe) gets lost, price can go for target 2 of bearish Shark pattern.
Good luck and happy trading
Trade closed: target reached
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This was very beautiful !
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Short in high timeframe and long in small timeframe :)