alkomart

$MATIC in interesting descending wedge

Long
BINANCE:MATICBTC   MATIC Network / Bitcoin
$MATIC is currently ricocheting up and down in a descending/falling wedge. We had a false breakout to 170 sat-ish, but price fell back.
We need a real breakout above this line (blue), imo. Then I will be happily buy the sh.. out of this :)
Falling wedge is considered bullish and has good chances of positive breakout, so I'm rather positive.

Cheers & trade safe !

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.