MATIC - ascending triangle
Diupdate
I clearly see an ascending triangle in the chart. It's not broken out of yet. If the breakout happens to the upside and a retest of the top of the triangle is successful, then the measured move from the ascending triangle is a little over 4 dollars. If something goes wrong however and we break down or the breakout turns out to be a fakeout, we may see MATIC make its way down to 40 cent level over time. Sentiment to me seems bullish with many believing Bitcoin will hit 85k+ in December. If this happens, MATIC 4 dollars will likely occur.
Catatan
Nailed this one.
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