MATIC Analysis (4H) Bullish Patterns
According to MATIC chart, the candles shows us Cup and Handle, also it was emphasized with yellow line.
In addition, the white trend line under the orange line which is resistance line on approximately 1.51$, has been created a Ascending Triangle that means a bullish trend for MATIC. Moreover RSI is optimistic on price in 1H time frame.
To Sum up, MATIC is on Bullish trend, how ever, we should check BTC.D , OTHERS.B and BTC price for assurance, additionally, fundamental news and on-chain data also sentiment data is crucial on making decision to whether Long or Short.
In addition, the white trend line under the orange line which is resistance line on approximately 1.51$, has been created a Ascending Triangle that means a bullish trend for MATIC. Moreover RSI is optimistic on price in 1H time frame.
To Sum up, MATIC is on Bullish trend, how ever, we should check BTC.D , OTHERS.B and BTC price for assurance, additionally, fundamental news and on-chain data also sentiment data is crucial on making decision to whether Long or Short.