Matic broke down out of the ascending broadening wedge in January of this year. It has now formed a descending triangle. A breakdown from this pattern has a target price of almost $.50.
Investing in MATIC right now is PURELY out of confidence in the fundamentals. The technicals look bearish in my opinion.
It could break upwards according to Bulkowski (thepatternsite.com/dt.html) there's a 53% chance it breaks upwards. The question is, are you feeling lucky?
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.