PetrockFxTrading

šŸ’„MATICUSD - TO SHORT TO $1.48 AND LONG TO $1.92

Long
PetrockFxTrading Updated   
BINANCE:MATICUSDT   MATIC Network / TetherUS
Right here is an inverted head and shoulder pattern.

This pattern is an idea of what MATIC price layout is currently doing. There's a neckline at $1.73 serves as a major resistance for price to break to confirm a good buy to $1.92.

As price is unable to break this neckline, I expect price to fall to $1.48 to form the right shoulder before rising back to the neckline at $1.73.

If price is so fortunate to break this neckline, then we are certain of a good buy to $1.92.

What do you think?

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Trade active:
Moved as expected. Short to $1.48 smashedšŸ¤Ŗ... it's time to go long to $1.92.

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