Polygon (MATIC) Making Another Attempt To Breakout Huge Channel

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.

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**

**Link for Binance exchange, to trade crypto:

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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.

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