🔥 MATIC Triangle Break Out

Long

MATIC Network / TetherUS (BINANCE:MATICUSDT)

Aggiornato

BINANCE:MATICUSDT MATIC Network / TetherUS

trendanalysis indicator chartpattern matic usdt btc bitcoin crypto

With BTC showing some strong gains yesterday, it's time for alts to go up as well. MATIC (and many others) has been trading inside this triangle for a couple of days now, waiting to break out.

As it appears now, a bullish break out has occurred, which could be the much awaited catalyst for a strong recovery for MATIC.

Wait a couple of green bars for the trend to be confirmed before entering a trade. Always keep a close eye on BTC when trading alts.

Happy trading!

Commento:

BTC shaping up to be bearish in the near term. Trade inactive for the time being.

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