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Technical analysis by wesheets about Symbol POL: Buy recommendation (8/28/2024)

https://sahmeto.com/message/2572308
wesheets
wesheets
Rank: 34878
0.9

Last Chance for Matic?

Buy
Price at Publish Time:
$0.44765
Profit Target:
(+139.03%)$1.07
Buy،Technical،wesheets

Possible inverse HS on the daily. We have the uprade taking place on September 4th. Macro double bottom in the .33 range. If this is an inverse HS pattern, it takes it back to 1.07 and I think the buying pressure and FOMO would be too great and might force it to break out of the consolidation for new highs

Source Message: TradingView
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