$MATIC has held up well and may be poised for more gains

2023年1月17日

MMATIC has held up well over the summer of 2022 while the rest of crypto fell.

Here are 2 possible counts I'm considering that imply another rally. The first is a triangle pattern (black labels) and the second is a w-x-y combo (blue).

If its the triangle, this rally is wave (d), then a brief setback in wave (e) that leads to a powerful rally.

If its the combo, then the rally may have already started.

There is a bearish count (not shown) that is active so long as MATIC holds below the black horizontal line.