Recently I made an analysis on MATIC and the 6-month pennant. As of today, the price has yet again reached the bottom support of the pennant and reversed from it.
In case this support will hold, expect a strong bullish move towards the top of the pennant around the $1.5 area.
For the longer term targets, they are the same as before: $1.75 and $2.
Happy trading!
In case this support will hold, expect a strong bullish move towards the top of the pennant around the $1.5 area.
For the longer term targets, they are the same as before: $1.75 and $2.
Happy trading!
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