MATICUSDT has printed Bullish pennant. The price has been converged.
The bull pennant is a bullish continuation pattern that signals the extension of the uptrend after the period of consolidation is over. The pennant uses two converging lines for consolidation until the breakout occurs.
One can wait for confirmation of breakout.
Now the bulls need to break above the higher side line.
Manage your trades accordingly.
The bull pennant is a bullish continuation pattern that signals the extension of the uptrend after the period of consolidation is over. The pennant uses two converging lines for consolidation until the breakout occurs.
One can wait for confirmation of breakout.
Now the bulls need to break above the higher side line.
Manage your trades accordingly.
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