Polygon / MATICUSD is rallying off a Double Bottom but still remains inside a giant Falling Wedge pattern.
Double Bottoms are generally how big rallies start and this may be no different. Especially since the 1day RSI is on a Bullish Divergence.
This can break the Falling Wedge to the upside. Buy only after the break out and target the Fibonacci 2.0 level at 0.81000.
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Double Bottoms are generally how big rallies start and this may be no different. Especially since the 1day RSI is on a Bullish Divergence.
This can break the Falling Wedge to the upside. Buy only after the break out and target the Fibonacci 2.0 level at 0.81000.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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TELEGRAM: t.me/thecryptagon
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.