Wolverinos

MATIC/Polygon on track for symmetrical reversal

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
I haven't been more sure about a IHS, than now.. very symmetrical build-up and a horizontal inverted Head & shoulders.
21 EMA as the lead, 50 EMA as support and the ascending trendline as a target to the 3th Elliot wave with a short term target of 2.7, equal to ATH as well.
Midterm target possible to 4 usd.
Bitcoin as well has potential to achieve mesmerizing highs, which I predicted before with a potential 100-300k target till end of this year or next year.
Corrections have been drastic, though not destructive, rather constructive.
Wait and watch this to play out.

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.