It's just an idea. Matic was one of the growth leaders of 2019 He moves quickly and unexpected. I saw similar pattern before (by pattern i mean whole chart) If this play will be similar then matic can reach unexpected high price for this coin. On Matic/BTC will be different situation ( depends from BTC price). Observing MATIC/BTC it is harder to predict the next...
Bearish div on the hourly with a low volume pump making a new high which makes us believe it was a stop run before a dump. Entry: 0.0188000 TP 1: 0.0177350 TP 2: 0.0169950 TP 3: 0.0159625 SL: 0.0193850
This is my idea about MATIC in the next years
after a solid rejection at the ATH MATIC sold off, and quickly recovered, to recent support AND the 50 DMA looks over all bullish to me. not financial advice.
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supported at the 18 MA breaking out of range trade respecting long term up trend HL, HL, HL,...