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Raghulramdoss
Nov 9, 2021 3:55 PM

Watch out Matic Long

MATIC Network / TetherUSBinance

Description

Matic looks bullish as it had formed a decensing triangle pattern and it is now trading near to the support level. I expect it to bounce back from here as the 21 day MA is also around these levels and it is just above the monthly Pivot, so there's a high chance for it bounce back after the retest.
Comments
andpalnet7972
what will be the next target?
Raghulramdoss
@andpalnet7972, first target 2.220, then 2.509 and the third target is 2.977. These targets are based on the Fibonacci levels.
NishatKhan
Should i buy ?
Raghulramdoss
@NishatKhan, why not, I'm Bullish on it and i believe it may hit ATH soon. Try to average even if it falls but i don't see much fall in it.
NishatKhan
Thanks Bro …
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