🔥 MATIC Massive 6-Month Bullish Pennant

2021년 10월 7일

Since the massive run-up of MATIC late April, the price as been slowly but surely forming a massive bullish pennant pattern.

Classically, a bullish pennant is a trend continuation pattern. This fits my narrative of the idea that we're currently preparing for a new all-time-high for BTC.

For the coming weeks, I'm expecting the price to follow the pennant. In case we break out on the upside soon, I'm expecting a strong bullish move towards the area of resistance from $1.75 - $2, which is also our first target area.

Happy trading!