Due to the formation of a symmetrical triangle pattern we may expect a breakout in a few hours or days. There is many chances for a breakout to the upper side but there is still a little possibility for a breakout to the lower side of the triangle
MATIC price shows a bearish bias
After the 227% rally in late May, there's a lot of unfilled trading range that will eventually get filled.
Although risky, waiting for a confirmation in the buy zone to go long.
What do you think?
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Not Financial Advice (FA)
The MATIC price flipped into a bearish trap and strikes at $1.61. In the early hours, MATIC was positioned at $1.82 and witnessed a downtrend from $1.82 point to reach $1.7. Currently the movement has shifted from the parallel range, quoted and is falling as a downtrend. In coming hours, the price may slump further at $1.55. In Contrast, gaining some bulls it...