Hi dear friends, hope you are well and welcome to the new trade setup of Matic Network
**Broke out big triangle:
**
In Oct 2021 Matic broke out big triangle and started a big move:
**2 significant resistance levels:
**After breaking out $2.22 resistance level now the priceline is trying to breakout the next price level resistance at $2.57:
**Big channel:
**While the priceline is struggling to breakout price level resistances at the same time MATIC has also reached the resistance of big channel on the weekly time frame.
**No bearish divergence:
**There is no bearish divergence on the weekly time frame, therefore there will be a high probability of big breakout.
**Don't forget to upvote/tip and share the post, thanks
You can also support my work at Patreon for more ideas:
https://www.patreon.com/moon333
In order to play and watch the current performance of the chart you need at least a free account on tradingview:
https://www.tradingview.com/gopro/?share_your_love=moon333
KuCoin is one of the best exchange to find crypto gems:
https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3
**
**Link for Binance exchange, to trade crypto:
https://www.binance.com/?ref=11256882
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
**
▶️ 3Speak