๐ฅ MATIC Massive 6-Month Bullish Pennant
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!
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!
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๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com
