Get started
YavuzAkbay

Polygon Falling Wedge Formation

MATIC Network / TetherUS (BINANCE:MATICUSDT)  
YavuzAkbay  
BINANCE:MATICUSDT   MATIC Network / TetherUS
Support and Resistance Wedge matic MATICUSDT maticusd polygon polygonusdt polygonmatic cryptomarket cryptocurrencies Cryptocurrency
4
1
supportandresistance wedgepattern matic maticusdt maticusd polygon polygonusdt polygonmatic cryptomarket cryptocurrencies cryptocurrency
In MATIC, a very clear falling wedge formation can be seen in the daily timeframe.

At the same time, MATIC, which is based on 0.75 support, can break the falling wedge if it is rejected from this support.

Once the wedge is broken up, the first target will be $1.19 and the main target will be $1.60.
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.