Matic bouncing off demand

8 thg 11, 2023

Matic is one of my long holds and has been in an uptrend the past several weeks breaking many key resistances. The token remains above to 20SMA and is looking at another attempt at 74 cents which is a key area from mid summer. I love to see an asset bounce off a local demand which I typically draw with the red candle that has longest wicks on top and bottom leading into an uptrend. If Bitcoin behaves I believe we see ~ 90 cents by Christmas.