Long
MATIC/USDT 2 hours analysis
As you can see in this chart on the 2h timeframe MATIC/USDT chart is forming a falling wedge pattern. The lines have been drawn on bodies of the candles and the dashed lines are drawn on the wicks.
N.B:The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction.
N.B:The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.