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Matic (Polygon) Preparing for Huge Breakout

I love this action from MATIC here. It's showing incredible resilience and strength against BTC and ETH.
After a beautiful move from 0.51 to 0.99, we're in a consolidation phase. Triangular consolidation that is serving as a bull flag is attempting to break out and when it does, we're going to rocket higher.
There is a lot of action in the parallel channel I've highlighted from 0.75 to 0.96. We should break this pretty easily once the triangle breaks.
Target: +32%
Stop Loss: -20%
Best of luck
- Sultan of Chart
After a beautiful move from 0.51 to 0.99, we're in a consolidation phase. Triangular consolidation that is serving as a bull flag is attempting to break out and when it does, we're going to rocket higher.
There is a lot of action in the parallel channel I've highlighted from 0.75 to 0.96. We should break this pretty easily once the triangle breaks.
Target: +32%
Stop Loss: -20%
Best of luck
- Sultan of Chart
註釋
Breakout has begun! Don't be surprised to see a pullback to 0.965 given all the prior action there. If it does, it would be a great buying opportunity註釋
As expected, we pulled back to 0.96, a little farther than I predicted but no harm done. Stay the courseNever let the fear of striking out get in your way.
- Sultan of Chart
- Sultan of Chart
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Never let the fear of striking out get in your way.
- Sultan of Chart
- Sultan of Chart
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。